A Systems View Across Time and Space
From: Medium term effects of culture, transactions and institutions on opportunity entrepreneurship
 | Regression 1 | Regression 2 | Regression 3 | Regression 4 | Regression 5 |
---|---|---|---|---|---|
Basic model | IV weakness | IV weakness | Sensitivity analysis | Structural change | |
Dependent variable | OPP | TI | C1 | OPP | OPP″ |
C 1 | 0.033*** | Â | Â | Â | Â |
(1.95) | |||||
C 2 | −0.012 |  |  |  |  |
(−0.72) | |||||
C 3 | −0.021*** |  |  |  |  |
(−1.70) | |||||
TI | 0.044*** | Â | Â | 0.050* | Â |
(1.93) | (2.60) | ||||
Birth |  | −0.098* |  |  |  |
(−7.84) | |||||
PAT | Â | Â | 0.365* | Â | Â |
(4.21) | |||||
C1′ |  |  |  | −0.014 |  |
(−0.80) | |||||
C2′ |  |  |  | −0.035* |  |
(−2.73) | |||||
C3′ |  |  |  | 0.018 |  |
(1.25) | |||||
dum × C1″ |  |  |  |  | −0.048** |
(−1.96) | |||||
dum × C2″ |  |  |  |  | −0.022 |
(−1.04) | |||||
dum × C3″ |  |  |  |  | 0.039** |
(2.06) | |||||
dum × TI |  |  |  |  | 0.007 |
(0.242) | |||||
Constant | 0.699* | 1.576* | −0.680* | 0.702* |  |
(53.57) | (7.12) | (−3.38) | (54.26) | ||
Adjusted R2 | 0.43 | Â | Â | 0.45 | 0.44 |
Exogeneity test | Â | 0.85 | 0.92 | Â | Â |
Partial instrumental variables R2 | Â | 0.54 | 0.26 | Â | Â |
Partial F-statistic | Â | 61.54 | 17.77 | Â | Â |