Table 3.

Epidemics and entrepreneurship: robustness check 1 (considering alternate measures of entrepreneurship)

Dependent variable	Entrepreneurship (self-employment)			Entrepreneurship (established)
	(3.1)	(3.2)	(3.3)	(3.4)	(3.5)	(3.6)
Epidemics (incidence)	0.917***			0.168*
	(0.198)			(0.090)
Epidemics (affected)		0.001			0.0004*
		(0.0006)			(0.0002)
Epidemics (deaths)			0.060***			0.017**
			(0.017)			(0.007)
GDP per capita	−11.686***	−13.434***	−12.444***	−3.117***	−3.265***	−3.105***
	(1.912)	(1.957)	(1.956)	(0.805)	(0.755)	(0.809)
Government size	−0.672**	−1.162***	−1.379***	−0.058	−0.179	−0.219
	(0.308)	(0.326)	(0.312)	(0.152)	(0.144)	(0.133)
Political freedom	0.797	0.446	0.682	0.246	0.131	0.233
	(0.500)	(0.529)	(0.518)	(0.235)	(0.246)	(0.239)
Regulatory quality	1.944	8.698	6.367	1.414	3.327	2.204
	(5.227)	(5.573)	(5.455)	(2.723)	(2.822)	(2.709)
Economic freedom	−0.027	−0.462	−0.346	0.015	−0.121	−0.049
	(0.360)	(0.408)	(0.390)	(0.173)	(0.181)	(0.170)
Education	−0.096	−0.122	−0.110	0.026	0.027	0.026
	(0.072)	(0.079)	(0.077)	(0.023)	(0.024)	(0.023)
Observations	100	100	100	100	100	100
R-squared	0.802	0.768	0.782	0.368	0.374	0.374

See Table 1 for variable details. Robust standard errors are in parentheses

Asterisks denote the following significance levels: ***p<0.01, **p<0.05, and *p<0.1