Table 7 Determinants of economic loss...

Table 7

Determinants of economic loss faced by petty traders

	Model 1 Dependent variable: $L O S S 1_P D$	Model 2 Dependent variable $L O S S T T_P D$	Model 3 Dependent variable $L O S S T_P D$
$E_D u m m y$	−0.24(0.27)	−0.17(0.27)	−59.28(56.09)
$G e n d e r$	−0.78(0.36)**	−0.68(0.28)***	−63.17(78.87)
$R a w_m a t e r i a l$	0.02(0.30)	0.05(0.25)	3.03(57.56)
${A g e}_{i}$	−0.04(0.01)***	−0.03(0.01)***	−55.89(22.75)**
$N e w c i t y_D u m m y$	1.02(0.32)***	0.67(0.30)***	182.11(61.34)***
$P e r c a p E x$	0.007(0.05)	0.04(0.04)	−9.92(10.12)
$C O V I D$	−0.60(0.67)	−0.42(0.40)	−141.28(156.99)
Constant	3.81(0.66)***	2.88(0.54)***	709.61(143.83)***
No. of observations	187	187	187
R²	0.26	0.22	0.19
F(Prob F > 0)	3.31(0.00)	2.85(0.00)	2.03(0.01)

	Model 1Dependent variable: $L O S S 1_P D$	Model 2Dependent variable $L O S S T T_P D$	Model 3Dependent variable $L O S S T_P D$
$E_D u m m y$	−0.24(0.27)	−0.17(0.27)	−59.28(56.09)
$G e n d e r$	−0.78(0.36)**	−0.68(0.28)***	−63.17(78.87)
$R a w_m a t e r i a l$	0.02(0.30)	0.05(0.25)	3.03(57.56)
${A g e}_{i}$	−0.04(0.01)***	−0.03(0.01)***	−55.89(22.75)**
$N e w c i t y_D u m m y$	1.02(0.32)***	0.67(0.30)***	182.11(61.34)***
$P e r c a p E x$	0.007(0.05)	0.04(0.04)	−9.92(10.12)
$C O V I D$	−0.60(0.67)	−0.42(0.40)	−141.28(156.99)
Constant	3.81(0.66)***	2.88(0.54)***	709.61(143.83)***
No. of observations	187	187	187
R²	0.26	0.22	0.19
F(Prob F > 0)	3.31(0.00)	2.85(0.00)	2.03(0.01)

Note(s): 1) L $O S S 1_P D i$ : per day loss incurred by petty trader i in lockdown period 1 (in’000 INR), ${L O S S T T_P D}_{i}$ : per day loss incurred by petty trader i in lockdown period 1 and lockdown period 2(in’000 INR), ${L O S S T_P D}_{i}$ ⁠: total revenue loss incurred by petty trader i in lockdown period 1 and lockdown period 2 due to complete closure of their shops/business (in’000 INR), 2) Total no of observations is 187 3)***,** and* signifies that the test is significant at 1%, 5% and 10% level respectively 4) Figures in the parenthesis indicate S.E

Source(s): Primary survey

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