Table 2 Bi-probit model of sales and cash-flow decline and their correlates.
Coef. | St.Err. | t-value | p-value | Sig. | |
|---|---|---|---|---|---|
Sales | |||||
Online_sales | 0.0059 | 0.0011 | 5.52 | 0.000 | *** |
Onlinesales_square | − 0.0001 | 0.0001 | − 10.03 | 0.000 | *** |
No female | 0 | ||||
Female present | 0.234 | .028 | 8.46 | 0.000 | *** |
No delivery | 0 | ||||
Delivery | − 0.225 | .016 | − 13.74 | 0.000 | *** |
Remote work | 0.002 | 0 | 4.57 | 0.000 | *** |
Manufacturing | 0 | ||||
Retail | − 0.338 | .021 | − 15.95 | 0.000 | *** |
Other services | 0.027 | .019 | 1.41 | 0.159 | |
Domestic | 0 | ||||
Foreign | 0.015 | .017 | 0.88 | 0.378 | |
No exports | 0 | ||||
Exports | 0.044 | .023 | 1.92 | 0.054 | ** |
SMEs | 0 | ||||
Large | − 0.242 | .019 | − 12.73 | 0.000 | *** |
Constant | 1.111 | .024 | 46.69 | 0.000 | *** |
Cash flow | |||||
online_sales | 0.0114 | .0011 | 10.26 | 0.000 | *** |
Onlinesales_square | − 0.0002 | 0.0001 | − 13.56 | 0.000 | *** |
No female | 0 | ||||
Female present | 0.036 | 0.0279 | 1.30 | 0.193 | |
No delivery | 0 | ||||
Delivery | − 0.164 | 0.0171 | − 9.59 | 0.000 | *** |
Remote work | − 0.007 | 0.0003 | − 22.07 | 0.000 | *** |
Manufacturing | 0 | ||||
Retail | − 0.079 | 0.0218 | − 3.62 | 0.000 | *** |
Other services | 0.403 | 0.0198 | 20.31 | 0.000 | *** |
Domestic | 0 | ||||
Foreign | 0.026 | 0.0180 | 1.45 | 0.148 | |
No exports | 0 | ||||
Exports | − 0.225 | 0.0223 | − 10.09 | 0.000 | *** |
SMEs | 0 | ||||
Large | − 0.273 | 0.0197 | − 13.90 | 0.000 | *** |
Constant | 1.084 | 0.0243 | 44.51 | 0.000 | *** |
/athrho | 1.109 | 0.0152 | 72.98 | 0.000 | *** |
Mean dependent var | 0.847 | SD dependent var | 0.360 | ||
Number of obs | 34,979 | Chi-square | 3044.130 | ||
Prob > chi2 | 0.000 | Akaike crit. (AIC) | 54,058.655 | ||