Table A2.

Estimated average treatment effect on the treated after matching using local size parameter variables

Outcome variableMatching criterionModel 1Model 2Model 3
Ln RevenueNearest Neighbor (5)0.563***
(0.177)
[3.180]
0.500***
(0.175)
[2.860]
1.321***
(0.217)
[6.080]
Ln RevenueNearest Neighbor (10)0.915***
(0.156)
[5.860]
0.653***
(0.155)
[4.210]
1.261***
(0.183)
[6.880]
Ln RevenueKernel1.145***
(0.122)
[9.410]
1.114***
(0.122)
[9.160]
1.112***
(0.127)
[8.840]
Observations 14,12314,12511,531

Notes: ***p < 0.01; **p < 0.05; *p < 0.1; standard error in parentheses; t-stat in square brackets

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