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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