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. 2020 Sep 17;42(1):203–214. doi: 10.1007/s10834-020-09710-y

Table 3.

Probit and ordered probit regression results

Probit Results Ordered Probit Results
Survived_Katrina
Recovery
Success_Katrina
Resilience
Coefficient Robust standard error Coefficient Robust standard error
biz_cash_flow_pre_K − 0.02 0.27
biz_cash_flow_post_K − 0.15*** 0.03
use_fam_fund_biz 0.07 0.22 − 0.28*** 0.06
major_damage_Katrina − 1.24** 0.48 − 0.09 0.05
pre_corp_partnership 0.25*** 0.05 0.26* 0.13
services 0.46*** 0.09 − 0.27*** 0.06
married − 0.37** 0.13 − 0.04 0.13
female − 0.13*** 0.02 − 0.16*** 0.01
owner_experience 0.02 0.02 − 0.01*** 0.00
business_age 0.00 0.00 − 0.01*** 0.00
number_of_employees 0.07*** 0.00 0.01 0.00
home_based_biz 0.29*** 0.07 − 0.03 0.08
constant 1.41*** 0.40
cut1 − 1.12 0.31
cut2 0.36 0.08
Number Observations 449 357
Log pseudolikelihood − 102.29 − 315.56
Pseudo R2 0.2143 0.0775
Standard errors adjusted for 2 clusters in coast

p < 0.10, *p < 0.05, **p < 0.01, ***p < 0.001