Table 3.
Regression Results
| Model | (1) PCI | (2) Log(PCI) | (3) Unemployed | (4) Log(Pop) | (5) Log(Labor) |
|---|---|---|---|---|---|
| Closure of ANY hospital | |||||
| Had ANY hospital closure | 323.167 (235.101) | 0.025 (0.016) | −0.011 (0.396) | −0.007 (0.007) | 0.002 (0.014) |
| Leading and lagged terms | |||||
| Any closure in t+1 | −79.538 (141.722) | −0.006 (0.009) | 0.000 (0.209) | 0.001 (0.004) | 0.001 (0.010) |
| Any closure in t | −270.827* (129.525) | −0.017* (0.008) | −0.129 (0.262) | −0.006 (0.006) | −0.005 (0.009) |
| Any closure in t−1 | −278.276* (119.209) | −0.017* (0.008) | −0.151 (0.239) | −0.003 (0.004) | −0.004 (0.008) |
| Any closure in t−2 | −203.355* (98.105) | −0.013* (0.006) | 0.004 (0.181) | −0.001 (0.003) | −0.005 (0.006) |
| Closure of ONLY hospital | |||||
| County has no hospital | −702.670* (290.032) | −0.040* (0.020) | 1.615** (0.510) | 0.003 (0.010) | −0.021 (0.020) |
| Leading and lagged terms | |||||
| Sole closure in t+1 | 323.167 (235.101 | 0.025 (0.016) | −0.011 (0.396) | −0.007 (0.007) | 0.002 (0.014) |
| Sole closure in t | 681.266** (189.553) | 0.043** (0.013) | −0.874* (0.425) | −0.006 (0.009) | 0.035* (0.016) |
| Sole closure in t−1 | 445.511 (241.013) | 0.027 (0.017) | −0.262 (0.423) | −0.005 (0.007) | −0.004 (0.023) |
| Sole closure in t−2 | 295.916 (244.821) | 0.019 (0.017) | −0.445 (0.292) | −0.001 (0.006) | 0.005 (0.014) |
| Constant | 14,196.278** (154.176) | 9.551** (0.010) | 6.090** (0.282) | 9.839** (0.004) | 9.100** (0.009) |
| Observations | 938 | 938 | 938 | 938 | 938 |
| R2 | 0.92 | 0.93 | 0.88 | 1.00 | 1.00 |
*
Significant at 5%.
**
Significant at 1%.
Estimated White (1980) standard errors in parentheses.
Year and county fixed effects also included but not listed here.