Working Paper Series: Special Edition of 2016 to 2018 Interns

Table 12. Regression Results ECCU Sub-Sample Model1

Model2 Demand 0.512 (0.120) 0.608*** (0.000)

Bank Credit 0.715***

Medium

(0.006) 0.709 (0.226) 0.726 (0.201) 0.817 (0.266) 0.915 (0.829) 1.008 (0.234) 1.091 (0.634) 0.973 (0.892) 1.000 (0.954) 0.990 (0.973)

Small

College & Vocational

1.075 (0.859) 0.837 (0.827)

University & Postgrad

Larger

1.857*** (0.000) 1.343* (0.086) 1.037 (0.334) 1.267 (0.541) 1.127 (0.633) 1.250 (0.513) 1.013 (0.936) 0.669 (0.300) 1.009 (0.988) 0.956 (0.463) 0.994 (0.330) 0.933** (0.039) 0.994*** (0.000) 0.700*** (0.000) 1.493*** (0.006)

Sole Proprietorship

Partnership/Other

Exporter

Foreign

Technical

Innovation

1.139*** (0.000) 1.189*** (0.010) 1.177*** (0.000) 1.079 (0.580) 1.521*** (0.000) 0.755** (0.032)

Development

Audit

Overdraft

Growth

LNGDPC

Collateral

Duration

Real

Observations

772

276

Exponentiated coefficients; p -values in parentheses Notes: For each regression standard errors are clustered at the industry level * p<0.1, ** p<0.05, *** p<0.01

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