Table 2

The cross-sectional OLS and 2SLS estimation results of the impact of property tax rate difference on the (crude) legal separation rate

Legal separation rateCrude legal separation rate
OLS2SLSOLS2SLS
 (1)(2)(3)(4)
Property tax diff0.002***0.012***0.001***0.006***
 (9.05)(3.51)(8.98)(3.28)
Density−0.0000001**−0.000001**−0.0000001**−0.000001**
 (−0.50)(−2.62)(−0.60)(−2.51)
Elderly people %0.0002***0.0004***0.00004***0.0002***
 (4.93)(4.80)(2.03)(3.33)
Foreign people %0.0003***0.00020.0002***0.0001
 (3.80)(1.38)(3.32)(1.19)
High school diploma0.0002***0.0002***0.0001***0.0001***
 (9.95)(4.29)(11.41)(5.32)
Per-capita income (log)0.009***0.004*0.005***0.003**
 (5.57)(1.69)(6.11)(2.26)
Unemp. rate0.0004***0.0004***0.0002***0.0002***
 (11.55)(8.16)(11.05)(7.93)
Female labor force part0.0002***0.0003***0.0002***0.0002***
 (6.16)(6.16)(8.01)(7.59)
Altimetry−0.0007***−0.0006***−0.0003***−0.0002***
 (−7.55)(−4.88)(−5.50)(−3.56)
North-East0.015***0.013***0.008***0.007***
 (18.87)(12.47)(18.21)(12.61)
North-West0.019***0.019***0.010***0.010***
 (24.79)(22.95)(24.54)(23.15)
Center0.010***0.007***0.006***0.005***
 (18.48)(5.40)(19.79)(6.74)
Constant−0.090***−0.055***−0.051***−0.034***
 (−6.81)(−3.10)(−7.35)(−3.64)
First-stage results
Municipal election year 1999 −0.101*** −0.101***
  (−5.02) (−5.02)
Kleibergen-Paap rk LM st 0.000 0.000
Kleibergen-Paap Wald F st 25.19 25.19
Obs. No.6,3886,3836,3886,383

Note(s): A constant term is included in each regression. t-value in brackets and standard errors robust to heteroskedasticity. Significant at level ***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Author work

[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close subscription notice
Close access options