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A Systems View Across Time and Space

Table 7 Other size definitions

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

  1. Dependent variable: employment growth (Emp(t)-Emp(t-3))/((Emp(t) + Emp(t-3))/2)
  2. Standard errors clustered on location-sector-size; ***p < 0.01, **p < 0.05, *p < 0.1