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Table 4 Regression results of doing and closing a business

From: The role of knowledge economy in Asian business

 

Contract enforcement

Registration of property

Investor Protection: disclosure

Insolvency

Constant

0.384 **

(0.173)

0.297

(0.303)

0.365

(0.390)

0.603***

(0.172)

Educatex

− 0.967**

(0.392)

− 0.110

(0.533)

0.482

(0.371)

0.233

(0.234)

Creditex

1.064

(1.366)

− 0.615

(0.799)

0.663 *

(0.303)

0.177

(0.158)

Innovex

− 0.371

(0.315)

− 0.555

(0.553)

− 0.403

(0.712)

0.381

(0.698)

Instireg

0.226

(0.125)

− 0.641**

(0.288)

− 0.027

(0.025)

− 0.762***

(0.174)

ICTex

− 0.475**

(0.179)

− 0.804**

(0.393)

0.050

(0.240)

0.967**

(0.364)

Inflation

− 2.047**

(0.948)

− 0. 574*

(0.275)

0.027

(0.251)

0.675

(0.560)

GDPg

− 0.397

(0.976)

− 0.437

(0.578)

0.077

(0.183)

− 0.977 **

(0.434)

GExp

− 0.627

(1.639)

− 0.330

(0.733)

0.366

(0.384)

0.221

(0.255)

No. of obs

188

181

221

189

R2

0.29

0.31

0.43

0.36

F− stat

7.03

6.88

7.04

9.85

Prob(F− stat)

0.00

0.00

0.00

0.00

  1. The estimated coefficients are given in the table followed by the standard errors in parenthesis. ***, **, * indicates the level of significance at the 1%, 5%, and 10%, respectively