Table 4.

Different ways to cut data

Dependent variable:Paarsche10Paarshe25
Method:Binary logitBinary logit
Coefficient (std error)Coefficient (std error)
Demand1.82E–10***1.73E–10***
(2.88.E–11)(3.94.E–11)
TechOpportunity10.047***0.116***
0.0080.014
TechOpportunity20.035***0.012
0.0110.020
Appropriatability10.009***–0.005
0.0030.005
Appropriatability2–0.073–0.274
0.2070.354
CostAdvantage–6.663***–7.446***
0.4980.842
Agressiveness–0.003***–0.008***
0.0000.001
Certainty1–0.182**–0.625***
0.0880.164
Certainty20.0770.406***
0.0800.116
Constant4.872***5.408***
0.4960.835
OtherFactorsYesYes
OtherDummiesYesYes
Observations44,01444,014
McFadden R20.0330.074
Note(s):

The symbols ***, ** and *indicate significance at the 1, 5 and 10% levels, respectively

Source(s): Author’s own creation

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