Figure 4.
Each of the four panels displays L R E G on the horizontal axis and M E N P on the vertical axis. Across all plots, the lines rise consistently from left to right, showing that M E N P increases with higher L R E G values. Shaded regions around each line represent confidence intervals, which widen as L R E G grows, indicating increasing uncertainty at higher levels. Despite this, the upward trend is clear and uniform across all panels, suggesting a robust positive association between L R E G and M E N P.Marginal effect of labor market regulation intensity on manufacturing entrepreneurship
Source: Author’s own creation