Table 7 Propensity score matching... | Emerald Publishing

Table 7

Propensity score matching

Outcome variables	Explanatory variables	Moderators	Conditions	Treated	Controls	Difference	S.E.	t-test	p < 0.05	Matching pair no.
(1) Government	Market conditions			5.057	5.166	−0.109	0.024	−4.530	Yes	1,556
(2) Government	Control of corruption			0.130	0.145	−0.016	0.020	−2.590	Yes	1,556
(3) Government	Property rights			48.993	49.571	−0.578	0.435	−1.680	No	1,556
(4) Government	Political constraints			0.231	0.293	−0.062	0.011	−5.500	Yes	1,556
(5) Government	Power distance			79.433	76.958	2.475	0. 271	9.120	Yes	1,556
(6) Government	Market conditions	Block ownership	High	5.023	5.123	−0.010	0.028	- 3.570	Yes	1,197
(7) Government	Control of corruption	Block ownership	High	0.114	0.138	−0.024	0.023	−2.280	Yes	1,197
(8) Government	Property rights	Block ownership	High	48.470	49.426	−0.957	0.507	−2.980	Yes	1,197
(9) Government	Political constraints	Block ownership	High	0.225	0.289	−0.064	0.013	−5.060	Yes	1,197
(10) Government	Power distance	Block ownership	High	79.448	77.167	2.281	0.305	7.480	Yes	1,197
(11) Government	Market conditions	Pyramid ownership	High	5.120	5.152	−0. 032	0.043	−2.910	Yes	338
(12) Government	Control of corruption	Pyramid ownership	High	0.025	0.052	−0.077	0.031	−2.450	Yes	338
(13) Government	Property rights	Pyramid ownership	High	49.093	50.212	−1.119	0. 755	−2.480	Yes	338
(14) Government	Political constraints	Pyramid ownership	High	0.409	0.428	−0.019	0.026	−2.780	Yes	338
(15) Government	Power distance	Pyramid ownership	High	81.383	80.439	0.944	0.647	6.610	Yes	338

Outcome variables	Explanatory variables	Moderators	Conditions	Treated	Controls	Difference	S.E.	t-test	p < 0.05	Matching pair no.
(1) Government	Market conditions			5.057	5.166	−0.109	0.024	−4.530	Yes	1,556
(2) Government	Control of corruption			0.130	0.145	−0.016	0.020	−2.590	Yes	1,556
(3) Government	Property rights			48.993	49.571	−0.578	0.435	−1.680	No	1,556
(4) Government	Political constraints			0.231	0.293	−0.062	0.011	−5.500	Yes	1,556
(5) Government	Power distance			79.433	76.958	2.475	0. 271	9.120	Yes	1,556
(6) Government	Market conditions	Block ownership	High	5.023	5.123	−0.010	0.028	- 3.570	Yes	1,197
(7) Government	Control of corruption	Block ownership	High	0.114	0.138	−0.024	0.023	−2.280	Yes	1,197
(8) Government	Property rights	Block ownership	High	48.470	49.426	−0.957	0.507	−2.980	Yes	1,197
(9) Government	Political constraints	Block ownership	High	0.225	0.289	−0.064	0.013	−5.060	Yes	1,197
(10) Government	Power distance	Block ownership	High	79.448	77.167	2.281	0.305	7.480	Yes	1,197
(11) Government	Market conditions	Pyramid ownership	High	5.120	5.152	−0. 032	0.043	−2.910	Yes	338
(12) Government	Control of corruption	Pyramid ownership	High	0.025	0.052	−0.077	0.031	−2.450	Yes	338
(13) Government	Property rights	Pyramid ownership	High	49.093	50.212	−1.119	0. 755	−2.480	Yes	338
(14) Government	Political constraints	Pyramid ownership	High	0.409	0.428	−0.019	0.026	−2.780	Yes	338
(15) Government	Power distance	Pyramid ownership	High	81.383	80.439	0.944	0.647	6.610	Yes	338

Source(s): Author’s own work