Variables

(1)

B. Constraint

Obstacle: access to land

−0.680***

(0.151)

Obstacle: theft & robbery

0.00218

(0.0315)

Obstacle: practices of competitors

−0.480***

(0.104)

Obstacle: political instability

−0.567

(0.423)

Obstacle: educated workforce

−0.345*

(0.171)

N (Capital per worker)

0.361**

(0.175)

Size of locality

−3.418*

(1.764)

Constant

21.15***

(3.996)

Observations

435

R-squared

0.534