Table VI. Results (logit regression)... | Emerald Publishing

Table VI.

Results (logit regression)

Dependent variable: renewed contract
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
log_Vol	0.2894*** (0.0553)	0.2886*** (0.0563)					0.2686*** (0.0571)	0.2666*** (0.0586)
Distan			−0.0000 (0.0012)	−0.0000 (0.0013)			0.002 (0.0014)	0.002 (0.0014)
EmpMA					0.9067*** (0.3233)	0.9143*** (0.3328)	0.8119** (0.4064)	0.8187** (0.4107)
AdProd							1.1164*** (0.3449)	1.1113*** (0.3501)
							1.1164*** (0.3449)	1.1113*** (0.3501)
Constant	−3.8135*** (0.6310)	−3.6248*** (0.6647)	−0.5382*** (0.1884)	−0.3376 (0.2466)	−0.6931*** (0.1347)	−0.4935** (0.2104)	−4.1279*** (0.6773)	−3.9221*** (0.7182)
N. Obs	296	296	296	296	296	296	296	296
Pseudo R2	0.0613	0.0673	0.0000	0.0080	0.0204	0.0284	0.1000	0.1060
Year Dummies	No	Yes	No	Yes	No	Yes	No	Yes
Wald Estat	27.360	28.500	0.000	3.037	7.867	10.490	35.170	35.980
p-value Wald	0.0000	0.0000	0.9916	0.5517	0.0050	0.0330	0.0000	0.0000

Dependent variable: renewed contract
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
log_Vol	0.2894*** (0.0553)	0.2886*** (0.0563)					0.2686*** (0.0571)	0.2666*** (0.0586)
Distan			−0.0000 (0.0012)	−0.0000 (0.0013)			0.002 (0.0014)	0.002 (0.0014)
EmpMA					0.9067*** (0.3233)	0.9143*** (0.3328)	0.8119** (0.4064)	0.8187** (0.4107)
AdProd							1.1164*** (0.3449)	1.1113*** (0.3501)
							1.1164*** (0.3449)	1.1113*** (0.3501)
Constant	−3.8135*** (0.6310)	−3.6248*** (0.6647)	−0.5382*** (0.1884)	−0.3376 (0.2466)	−0.6931*** (0.1347)	−0.4935** (0.2104)	−4.1279*** (0.6773)	−3.9221*** (0.7182)
N. Obs	296	296	296	296	296	296	296	296
Pseudo R2	0.0613	0.0673	0.0000	0.0080	0.0204	0.0284	0.1000	0.1060
Year Dummies	No	Yes	No	Yes	No	Yes	No	Yes
Wald Estat	27.360	28.500	0.000	3.037	7.867	10.490	35.170	35.980
p-value Wald	0.0000	0.0000	0.9916	0.5517	0.0050	0.0330	0.0000	0.0000

Notes:

Robust standard errors in parentheses; *** p < 0.01; ** p < 0.05; * p < 0.1