Table 3. Sensitivity Analyses.
Public (1) |
Private (2) |
|
---|---|---|
A. Main Results—Analytic Window 1993–2011 and all Comparison States | ||
BAN | −0.032*** | −0.028 |
(0.007) | (0.022) | |
No. of obs. | 1029 | 723 |
No. of institutions | 64 | 42 |
B. Florida Excluded from Target States | ||
BAN | −0.033*** | −0.028 |
(0.007) | (0.025) | |
No. of obs. | 1005 | 715 |
No. of institutions | 61 | 41 |
C. Narrower Subset of Comparison States | ||
1. Geographically Distant States | ||
BAN | −0.031*** | −0.029 |
(0.007) | (0.022) | |
No. of obs. | 649 | 552 |
No. of institutions | 44 | 33 |
2. Six Most Comparable States | ||
BAN | −0.031*** | −0.028 |
(0.008) | (0.019) | |
No. of obs. | 516 | 343 |
No. of institutions | 37 | 21 |
D. Narrower Time Period (1996–2009) | ||
BAN | −0.039** | −0.024 |
(0.008) | (0.022) | |
No. of obs. | 757 | 532 |
No. of institutions | 64 | 42 |
Note: All models include state fixed effects and a full set of institutional- and state-level covariates; institutional-level covariates include whether the medical school is research ranked (vs. primary care ranked); state-level covariates include percentage of population by race (White, Black, Native American, Latino, other), percentage of population with a bachelor’s degree, and percentage of 25–34 year olds unemployed. Models do not include year fixed effects to avoid collinearity with state-specific year trend. All models account for the clustering of observations within institution over time (with institutional random effects) and within state (with state fixed effects).