Table 4 Probit regression estimates: average marginal effects. Dependent Variable: Firm Exit
From: Business climate and firm exit in developing countries: evidence from Nigeria
(1) | (2) | |
|---|---|---|
BCIndex | 0.0956** (2.41) | 0.105*** (3.13) |
Age (log) | − 0.0123 ( − 0.58) | |
Size (log) | − 0.0565*** ( − 4.01) | |
Managers Exp. (log) | 0.0302 (1.15) | |
Export | − 0.105 ( − 1.39) | |
Foreign Owners | 0.0662 (0.46) | |
Female Owners | − 0.0382*** ( − 2.66) | |
Labour Prod (log) | − 0.0107 ( − 1.21) | |
Fixed Asset | − 0.118** ( − 2.19) | |
MSMEs | 0.0816** (2.16) | |
Industry | Yes | Yes |
Region | Yes | Yes |
Year | No | No |
N | 1157 | 1157 |