Table 3 Results of the nearest-neighbour...

Table 3

Results of the nearest-neighbour and propensity-score matching regressions estimating the effect of CWS membership on wellbeing and entrepreneurial satisfaction

Estimator	Nearest-neighbour matching		Propensity-score matching
Dependent variable	Wellbeing	Entrepreneurial satisfaction	Wellbeing	Entrepreneurial satisfaction
Average treatment effect on the treated (ATET)	0.537** (0.222)	0.114 (0.144)	0.551** (0.198)	0.117 (0.174)
Average treatment effect (ATE)	0.340** (0.122)	0.123 (0.110)	0.332** (0.0692)	0.152 (0.106)
N	914	914	914	914

Estimator	Nearest-neighbour matching		Propensity-score matching
Dependent variable	Wellbeing	Entrepreneurial satisfaction	Wellbeing	Entrepreneurial satisfaction
Average treatment effect on the treated (ATET)	0.537** (0.222)	0.114 (0.144)	0.551** (0.198)	0.117 (0.174)
Average treatment effect (ATE)	0.340** (0.122)	0.123 (0.110)	0.332** (0.0692)	0.152 (0.106)
N	914	914	914	914

Note(s): (i) Standard errors in parentheses. (ii) *p < 0.1, **p < 0.05

Source(s): Created by authors

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