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Table 4 Regression results of individual social capital and the development of a trust network

From: From individual social capital to collective social capital: empirical evidence from inter-firm financing trust network

Independent variables Dependent variables: self-centered network size (the development of trust network)
Model 1 Model 2 Model 3 Model 4 Model 5 Model 6
Social relation .150*** .142** .152*** .133** .071** .144**
− 0.039 − 0.039 − 0.039 − 0.041 − 0.034 − 0.039
Social prestige 0.007 0.003 0.009 0.024 0.03 0.005
− 0.023 − 0.023 − 0.023 − 0.024 − 0.02 − 0.024
Kinship proximity   − .052**   − .091** − .053** − .049*
− 0.026 − 0.024 − 0.021 − 0.026
Geographic proximity   − 0.007   − 0.041 − 0.03 − 0.007
− 0.03 − 0.031 − 0.027 − 0.03
Industrial proximity   0.014   − 0.007 0.022 0.015
− 0.027 − 0.027 − 0.023 − 0.027
Classification homogeneity    0.046 0.067 0.033 0.035
− 0.052 − 0.054 − 0.045 − 0.052
Constant 0.003 0.03 − 0.022 − 0.019 − 0.035 0.009
− 0.035 − 0.043 − 0.045 − 0.054 − 0.046 − 0.053
Grouping endogeneity      Controlled  
Category endogeneity Control Control Control    Control
Control variables Control Control Control Control Control Control
Effective sample 218 218 218 218 218 218
Adjusted R2 0.301 0.306 0.3 0.248 0.496 0.304
F 12.681*** 9.711*** 11.351*** 8.149*** 13.552*** 8.915***
  1. *p < 0.1; **p < 0.05; ***p < 0.01. Standard errors are in brackets. In Model 1, Model 2, Model 3 and Model 6, two dummy variables used to control endogeneity are statistically significant. In Model 5, only two in seven group dummy variables have significant regression coefficients