Estimation results for H1
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Variables | MENP | MENP | MENP | MENP |
| LREG | 0.3937*** (0.0579) | 0.2183*** (0.0566) | 0.2207*** (0.0578) | 0.2137*** (0.0569) |
| SCPD | 0.9809** (0.4492) | 1.6135*** (0.4059) | 1.6342*** (0.4051) | |
| POLY | 0.4238*** (0.0862) | 0.5230*** (0.0715) | 0.5081*** (0.0714) | |
| OREG | 0.1787*** (0.0507) | 0.1838*** (0.0504) | 0.1603*** (0.0500) | |
| OENP | 0.3348*** (0.0618) | 0.2717*** (0.0567) | 0.2984*** (0.0586) | |
| INNO | 0.0061 (0.1113) | 0.0764 (0.1079) | 0.0629 (0.1105) | |
| EDEN | 0.0277 (0.0301) | 0.0858*** (0.0320) | 0.0779** (0.0321) | |
| PDEN | −0.5282 (2.2810) | −0.2807 (2.2876) | ||
| POP | −6.7837*** (2.0799) | −7.6522*** (2.0543) | ||
| HCAP | 0.0674 (0.0601) | 0.0579 (0.0601) | ||
| UNMP | −0.0194 (0.0162) | −0.0144 (0.0164) | ||
| PGDP | −1.0286** (0.4750) | |||
| GGDP | 0.0731*** (0.0133) | |||
| INDS | 3.0607** (1.2476) | |||
| FSIZ | −0.5881*** (0.1686) | |||
| Constant | 2.9508*** (0.1645) | 2.0957*** (0.6521) | 41.3998*** (11.3667) | 39.8677*** (11.5236) |
| City FE | Yes | Yes | Yes | Yes |
| Year FE | Yes | Yes | Yes | Yes |
| Observations | 3,367 | 3,367 | 3,367 | 3,367 |
| R2 | 0.3841 | 0.4661 | 0.4956 | 0.5015 |
| No. of cities | 280 | 280 | 280 | 280 |
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Variables | ||||
| 0.3937 | 0.2183 | 0.2207 | 0.2137 | |
| 0.9809 | 1.6135 | 1.6342 | ||
| 0.4238 | 0.5230 | 0.5081 | ||
| 0.1787 | 0.1838 | 0.1603 | ||
| 0.3348 | 0.2717 | 0.2984 | ||
| 0.0061 (0.1113) | 0.0764 (0.1079) | 0.0629 (0.1105) | ||
| 0.0277 (0.0301) | 0.0858 | 0.0779 | ||
| −0.5282 (2.2810) | −0.2807 (2.2876) | |||
| −6.7837 | −7.6522 | |||
| 0.0674 (0.0601) | 0.0579 (0.0601) | |||
| −0.0194 (0.0162) | −0.0144 (0.0164) | |||
| −1.0286 | ||||
| 0.0731 | ||||
| 3.0607 | ||||
| −0.5881 | ||||
| 2.9508 | 2.0957 | 41.3998 | 39.8677 | |
| City | Yes | Yes | Yes | Yes |
| Year | Yes | Yes | Yes | Yes |
| Observations | 3,367 | 3,367 | 3,367 | 3,367 |
| 0.3841 | 0.4661 | 0.4956 | 0.5015 | |
| No. of cities | 280 | 280 | 280 | 280 |
Robust standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.