Effectiveness of the Co-operative Grant Incentive Scheme (CIS) on beneficiary firms’ job creation capacity in South Africa

Figures & data

Table 1. Paired-sample statistics for employees at reporting and employees at application

	Employees at reporting	Employees at application
Mean	6.37	7.27
Standard deviation	12.097	13.766
Standard error mean	0.571	0.650
N	448	448

Table 2. Paired-sample test for employees at reporting and employees at application

Mean	−0.895
Standard deviation	12.677
Standard error mean	0.598
t-statistic	−1.497
N	448

Table 3. Regression results—employment (job creation) model 1

Dependent variable: Log_employment	Coefficient	Standard error	t-statistic
Log (Amt_app)	0.1007*	0.02471	4.07
Log (turnover)	0.0428	0.02539	1.69
R-squared	0.9240	Mean-dependent variable	1.7892
Adjusted R-squared	0.9232	S.D. dependent variable	0.5540
F-statistic	1179.57
Prob (F-statistic)	0.0000

*denotes 1% significance level

Table 4. Regression results—employment (job creation) model 2

Dependent variable: Log_employment	Coefficient	Standard error	t-statistic
Log(Amt_app)	0.1002*	0.02617	3.83
Log(turnover)	0.0411	0.02602	1.58
Log(memb)	1.0179	0.05476	0.33
R-squared	0.9212	Mean-dependent variable	1.7892
Adjusted R-squared	0.9199	S.D. dependent variable	0.5540
F-statistic	717.34
Prob (F-statistic)	0.0000

*denotes 1% significance level