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| Variables | (1) | (2) | (3) |
|---|---|---|---|
| Virtual treatment group | Virtual 2012 as policy time | Virtual 2014 as policy time | |
| Treatij×Timet | 1.073 (0.707) |
-0.218 (0.247) |
-1.139 (0.718) |
| _Cons | -7.101*** (0.412) |
6.534*** (1.767) |
-11.659 (1.869) |
| Control variables | YES | YES | YES |
| Time fixed effects | YES | YES | YES |
| Individual fixed effects | YES | YES | YES |
| N | 18948 | 14051 | 14051 |
Note
* p<0.1
** p<0.05
*** p<0.01.
