A Systems View Across Time and Space
From: Financial inclusion and micro, small, and medium enterprises (MSMEs) growth in Uganda
(1) | (2) | (3) | |
---|---|---|---|
Baseline (Table 4 Col 1) | |||
Micro | Micro (sales < 12 m UGX) | ||
Small | Small | Small (12 m < sales < 360 m UGX) | |
Medium | Medium | Medium (360 m < sales <30b UGX) | |
Large | Large (exclude micro) | Large (sales >30b UGX) | |
Sh_invest_fin | − 0.0425*** (0.0125) | − 0.0145** (0.00666) | 0.0157* (0.00756) |
(Micro)*Sh_invest_fin | 0.0461*** (0.0138) | − 0.0103 (0.00846) | |
(Small)*Sh_invest_fin | 0.0499*** (0.0139) | 0.0133 (0.0124) | − 0.0114 (0.0109) |
(Medium)*Sh_invest_fin | 0.0770*** (0.0164) | 0.0451*** (0.0110) | − 0.00312 (0.00817) |
mng_time | 0.000169 (0.0476) | 0.0190 (0.0506) | − 0.0197 (0.0295) |
(Micro)*mng_time | 0.00244 (0.0469) | 0.00912 (0.0330) | |
(Small)*mng_time | 0.000421 (0.0553) | − 0.0106 (0.0661) | − 0.0210 (0.0329) |
(Medium)*mng_time | 0.00852 (0.0526) | − 0.0105 (0.0564) | − 0.0211 (0.0298) |
bribe_yn | 1.061 (2.033) | 1.276 (1.241) | − 2.484*** (0.783) |
(Micro)*bribe_yn | − 0.887 (2.100) | 2.381*** (0.803) | |
(Small)*bribe_yn | − 1.506 (2.336) | − 0.830 (2.002) | 1.010 (1.165) |
(Medium)*bribe_yn | − 3.984 (2.852) | − 3.657 (2.250) | 3.899*** (0.948) |
days_no_power | 0.0133*** (0.00255) | 0.00406** (0.00149) | 0.000522 (0.00138) |
(Micro)*days_no_power | −v0.0133*** (0.00256) | − 0.00206 (0.00227) | |
(Small)*days_no_power | − 0.0141*** (0.00249) | − 0.00393** (0.00163) | 0.00290 (0.00193) |
(Medium)*days_no_power | − 0.0186*** (0.00210) | − 0.00849*** (0.00147) | − 0.00235 (0.00137) |
(Micro) | 0.811 (0.700) | − 0.522 (0.303) | |
(Small) | 0.594 (0.689) | 0.0594 (0.365) | − 0.811** (0.305) |
(Medium) | 0.823 (0.894) | 0.402 (0.534) | − 0.837** (0.316) |
Constant | 0.743 (0.765) | 1.317** (0.519) | 1.449** (0.533) |
Observations | 608 | 567 | 415 |
R-squared | 0.468 | 0.409 | 0.408 |
Firm Controls | Yes | Yes | Yes |
Sector FE | Yes | Yes | Yes |