Table 6 Financial literacy and entrepreneurial behavior: Long-term effect.
From: Knowledge creates value: the role of financial literacy in entrepreneurial behavior
Explained variable | (1) | (2) | (3) | (4) |
---|---|---|---|---|
Entrepre1 | Entrepre1 | Entrepre2 | Entrepre2 | |
Literacy1 | 0.007** (0.003) | 0.009* (0.005) | ||
Literacy2 | 0.010*** (0.002) | 0.007* (0.004) | ||
Controls | Yes | Yes | Yes | Yes |
Observation | 24,409 | 24,409 | 3251 | 3251 |
Pseudo R2 | 0.113 | 0.113 | 0.053 | 0.052 |