Table 4 Continuity of characteristics at the cutoff
From: Does access to credit reduce SMEs’ tax avoidance? Evidence from a regression discontinuity design
\(CFO\) | \(LEVERAGE\) | \(INVESTMENT\) | \(FIXED\) | |||||
|---|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
\(SME\) | − 0.006 | − 0.007 | − 0.030 | − 0.029 | − 0.000 | − 0.003 | − 0.019 | − 0.022 |
(0.015) | (0.020) | (0.019) | (0.021) | (0.006) | (0.010) | (0.015) | (0.019) | |
Polynomial | Linear | Quadratic | Linear | Quadratic | Linear | Quadratic | Linear | Quadratic |
Sample size | 3575 | 3149 | 2535 | 4414 | 3078 | 4171 | 2673 | 4246 |