Robustness tests with replacements of explanatory and dependent variables
| (1) | (2) | (3) | (4) | (5) | |
|---|---|---|---|---|---|
| FC | FC | SA | WW | KZ | |
| DFindex | −0.2074** | ||||
| (−2.4091) | |||||
| DFcover | −0.1237** | ||||
| (−2.4070) | |||||
| DF | −0.0082* | −0.0067*** | −0.1657* | ||
| (−1.9489) | (−2.9785) | (−1.7129) | |||
| Controls | Yes | Yes | Yes | Yes | Yes |
| Year/city fixed effects | Yes | Yes | Yes | Yes | Yes |
| N | 3,732 | 3,732 | 3,732 | 3,732 | 3,635 |
| (1) | (2) | (3) | (4) | (5) | |
|---|---|---|---|---|---|
| FC | FC | SA | WW | KZ | |
| DFindex | −0.2074** | ||||
| (−2.4091) | |||||
| DFcover | −0.1237** | ||||
| (−2.4070) | |||||
| DF | −0.0082* | −0.0067*** | −0.1657* | ||
| (−1.9489) | (−2.9785) | (−1.7129) | |||
| Controls | Yes | Yes | Yes | Yes | Yes |
| Year/city fixed effects | Yes | Yes | Yes | Yes | Yes |
| 3,732 | 3,732 | 3,732 | 3,732 | 3,635 |
Note(s): * Significant at the 10% lelvel, ** significant at the 5% confidence level, *** significant at the 1% confidence level
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