Table 5

Country level results estimated using a probit model

Variable(s)GhanaKenyaThe DRC
Manufacturing0.077 (0.090)0.075 (0.162)0.028 (0.070)
Experience of the owner0.025* (0.015)0.001 (0.020)−0.005 (0.007)
Firm age−0.006 (0.015)−0.011 (0.021)−0.011 (0.008)
Education0.121** (0.055)0.092 (0.101)0.016 (0.034)
Gender of the owner0.033 (0.098)−0.001 (0.179)0.095 (0.078)
Registration time−0.0001 (0.0008)0.0004 (0.0013)0.0002 (0.0002)
Time fees and paperwork−0.014 (0.095)−0.201 (0.164)−0.007 (0.037)
Future taxes−0.209** (0.095)−0.044 (0.067)−0.064* (0.039)
Bribes to remain unregistered0.007 (0.025)−0.0140 (0.030)−0.014 (0.011)
Access to finance0.085* (0.049)0.151*** (0.057)−0.012 (0.021)
Past registration0.237** (0.116) 0.310*** (0.061)
Access to infrastructure etc.0.063* (0.035)0.039 (0.053)−0.017 (0.019)
No benefit−0.267*** (0.096)−0.875*** (0.177)0.545*** (0.055)
Inspection−0.008 (0.025)−0.065 (0.069)−0.029 (0.029)
Age of owner−0.003 (0.004)0.011 (0.010)0.004 (0.004)
Owner has a job−0.244 (0.356)−0.625 (0.396)0.018 (0.106)
Education × experience0.098** (0.025)0.076* (0.029)0.120* (0.058)
Observations547381350

Note(s): The corresponding robust standard errors are in parentheses; ***p < 0.01; **p < 0.05, and *p < 0.1. The coefficients are equal to marginal effects

or Create an Account

Close Modal
Close Modal