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Table 6 Estimation of competition: Boone indictor

From: Competition and microfinance institutions’ performance: evidence from India

Variables

(1)

lnROA

mc2005

−0.110 (0.455)

mc2006

−0.473 (0.385)

mc2007

−0.908 (0.822)

mc2008

−2.265* (1.257)

mc2009

−1.069* (0.587)

mc2010

− 1.178*** (0.437)

mc2011

−0.721 (0.860)

mc2012

0.394 (0.560)

mc2013

−0.700** (0.310)

mc2014

−0.446 (0.329)

Constant

−4.677*** (0.563)

Observations

621

Hansen test: over.

:p = 0.001

  1. Standard errors in parentheses
  2. *** p < 0.01, ** p < 0.05, * p < 0.1