Results (logit regression)
| Dependent variable: Contract renewed | ||||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| log_Vol | 1.336*** (0.0739) | 1.335*** (0.0751) | 1.308*** (0.0746) | 1.305*** (0.0764) | ||||
| Distan | 1.000 (0.00125) | 1.000 (0.00126) | 1.002 (0.00142) | 1.002 (0.00143) | ||||
| EmpMA | 2.476*** (0.800) | 2.495*** (0.830) | 2.252** (0.915) | 2.267** (0.931) | ||||
| AdProd | 3.054*** (1.053) | 3.038*** (1.064) | ||||||
| Constant | 0.0221*** (0.0139) | 0.0267*** (0.0177) | 0.584*** (0.110) | 0.713 (0.176) | 0.500*** (0.0673) | 0.610** (0.128) | 0.0161 (0.0109) | 0.0198*** (0.0142) |
| No. Obs | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 |
| Dependent variable: Contract renewed | ||||||||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| log_Vol | 1.336 | 1.335 | 1.308 | 1.305 | ||||
| Distan | 1.000 (0.00125) | 1.000 (0.00126) | 1.002 (0.00142) | 1.002 (0.00143) | ||||
| EmpMA | 2.476 | 2.495 | 2.252 | 2.267 | ||||
| AdProd | 3.054 | 3.038 | ||||||
| Constant | 0.0221 | 0.0267 | 0.584 | 0.713 (0.176) | 0.500 | 0.610 | 0.0161 (0.0109) | 0.0198 |
| No. Obs | 296 | 296 | 296 | 296 | 296 | 296 | 296 | 296 |
Notes:
Robust standard errors in parenthesis; *** p < 0.01; ** p < 0.05; * p < 0.1
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