Table 10 Others credit constrained results (global and by type of constraint)

PAF

0.108***

0.078***

0.036*

0.0292**

(0.041)

(0.024)

(0.018)

(0.014)

FL

 − 0.022

 − 0.029*

 − 0.039*

 − 0.019*

(0.023)

(0.016)

(0.020)

(0.01)

ICT use

 − 0.092

 − 0.151

 − 0.112

0.140*

(0.105)

(0.109)

(0.167)

(0.08)

Digitization

0.176**

0.405***

0.196

0.222***

(0.086)

(0.142)

(0.129)

(0.060)

Activity_1

 − 0.325

0.178

 − 0.066

 − 0.015

(0.264)

(0.188)

(0.202)

(− 0.111)

Activity_2

–

–

–

 − 0.072

(0.183)

Activity_3

 − 0.029

0.202

 − 0.200

 − 0.001

(0.098)

(0.126)

(0.154)

(0.082)

Activity_4

 − 0.180

0.174

 − 0.014

 − 0.016

(0.098)

(0.127)

(0.143)

(0.072)

Activity_5

–

–

–

 − 0.027

(0.135)

Activity_6

0.033

0.197*

0.030

0.154**

(0.073)

(0.114)

(0.135)

(0.068)

Activity_8

–

0.397***

 − 0.054

0.042

(0.151)

(0.196)

(0.088)

Age_1

0.038

0.105

 − 0.156

 − 0.008

(0.015)

(0.079)

(0.109)

(0.064)

Age_2

0.015

0.029

 − 0.213**

 − 0.068

(0.086)

(0.088)

(0.103)

(0.057)

Ownership_1

 − 0.079

 − 0.050

0.304**

 − 0.079

(0.137)

(0.125)

(0.149)

(0.088)

Ownership_2

0.048

0.078

0.032

 − 0.021

(0.106)

(0.110)

(0.161)

(0.088)

Ownership_3

 − 0.336

0.403

0.136

 − 0.146

(0.235)

(0.153)

(0.193)

(0.107)

Size_1

 − 0.020

0.028

0.423**

0.012

(0.093)

(0.110)

(0.206)

(0.085)

Size_2

0.103

0.028

0.373**

 − 0.015

(0.088)

(0.097)

(0.185)

(0.081)

Turnover_1

0.058

0.062

 − 0.270

0.042

(0.106)

(0.177)

(0.213)

(0.088)

Turnover_2

 − 0.046

 − 0.110

 − 0.173

0.054

(0.114)

(0.174)

(0.189)

(0.078)

Turnover_3

 − 0.325

0.094

 − 0.179

 − 0.114

(0.265)

(0.163)

(0.173)

(0.081)

Outlook_Better

 − 0.020

0.113

0.006

0.046

(0.087)

(0.102)

(0.105)

(0.055)

Hcredit_Better

0.103

 − 0.173

0.176

0.027

(0.088)

(0.126)

(0.112)

(0.057)

Capital Better

0.147

 − 0.127

 − 0.265**

 − 0.020

(0.106)

(0.115)

(0.106)

(0.059)

Firm_Outlook_Better

 − 0.226***

0.092

0.051

0.016

(0.081)

(0.093)

(0.093)

(0.054)

# Obs

100

114

114

311

McFadden R²

0.545

0.423

0.283

0.167