Table 2 Falsification test using non-rivalry teams
From: Team rivalry and lending on crowdfunding platforms: an empirical analysis
Dependent variable | Lending decision | Lending decision |
|---|---|---|
LGBT vs. Belgium | US vs. New York | |
Non-Rival Lending | −0.1103 | −0.1902 |
(0.0723) | (0.1639) | |
English or Not | 0.0916 | 0.4198*** |
(0.0563 | (0.0787) | |
Group Loan or not | 0.5680*** | 0.1633 |
(0.0691) | (0.0997) | |
Ln (Loan Amount) | 0.8508*** | 0.5433*** |
(0.0365) | (0.0482) | |
Constant | −8.1040*** | −7.0747*** |
(0.2579) | (0.3401) | |
Industry Controls | Yes | Yes |
Observations | 23,336 | 23,336 |