Table 2 Mechanisms through which training operates.

Huber-White robust standard errors (in parentheses) are clustered at the firm level. *P < 0.1; **P < 0.05; ***P < 0.01.

Business
practices
Personal
initiative
Capital and
labor inputs
Innovation
index
Diversified
product line
Access to
finance index
Traditional business training0.060*** (0.008)0.065*** (0.015)0.032* (0.020)0.117*** (0.050)0.044** (0.018)0.070** (0.033)
Personal initiative training0.054*** (0.007)0.124*** (0.015)0.078*** (0.020)0.309*** (0.070)0.092*** (0.018)0.147*** (0.040)
Number of observations564655385655563956324207
Number of firms149214841492149214921473
P value from test of equality of treatments0.4580.0000.0240.0110.0100.043
Control group mean0.6184.320.0000.0000.3350.000