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Fig. 3 | Financial Innovation

Fig. 3

From: Does access to credit reduce SMEs’ tax avoidance? Evidence from a regression discontinuity design

Fig. 3

Discontinuity in probability of loan rise and tax avoidance at the cutoff. Notes Panels refer to the average probability of rising loan availability and tax avoidance (from left to right). Each dot represents the average value within a 20 equally spaced bin. The fitted curves are based on linear regressions (top graphs) and quadratic regressions (bottom graphs), separately, with a 95% confidence interval around the predicted value

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