Table 5.

Preliminary Entrepreneurship Results. Dependent variable is the establishment birth rate, 2005. Coefficients with one, two, and three stars are significant at the 10%, 5%, and 1% levels, respectively, using a two-tailed test. See the Table 1 and the data appendix for details on the variables.

Birth Rate, 1998	0.87*** (0.025)	0.7*** (0.038)	0.68*** (0.036)	0.62*** (0.09)
Death Rate, 1998	—	0.23*** (0.039)	0.23*** (0.04)	0.35*** (0.1)
B*D, 1998	—	0.036** (0.015)	0.01 (0.014)	0.038 (0.026)
Demand Shock, 2000–07	0.007 (0.007)	−0.001 (0.006)	0.004 (0.006)	−0.001 (0.019)
Emp Growth, 1990–2000	0.007*** (0.002)	0.009*** (0.002)	0.01*** (0.002)	0.012*** (0.003)
Log Employment, 2000	0.11*** (0.029)	0.11*** (0.029)	0.09*** (0.025)	0.05 (0.05)
Log Income, 2000	−0.79*** (0.162)	−0.79*** (0.159)	−0.57*** (0.14)	−0.3 (0.3)
Density, 2000	0.004 (0.004)	0.003 (0.003)	−0.004 (0.003)	−0.001 (0.005)
HC Share, 2000	0.030** (0.013)	0.032*** (0.012)	0.04*** (0.012)	0.022 (0.028)
Arts Share, 2000	−0.028 (0.078)	−0.026 (0.076)	0.035 (0.07)	−0.07 (0.12)
BA Share, 2000	−0.012 (0.008)	−0.011 (0.007)	−0.024*** (0.007)	−0.016 (0.018)
Pop Growth, 1950–1960	0.047 (0.060)	0.017 (0.07)	−0.1 (0.06)	−0.23*** (0.07)
Median Age, 2000	0.016** (0.007)	0.007 (0.007)	−0.005 (0.008)	−0.005 (0.019)
Amenity Score	0.043*** (0.008)	0.042*** (0.008)	0.024* (0.012)	−0.034 (0.031)
Distance to MSA	0.002*** (0.001)	0.003*** (0.001)	0.002*** (0.001)	0.009 (0.007)
Marginal distance to MSA > 250k	−0.001 (0.0001)	0 (0.001)	0 (0.000)	−0.009 (0.008)
Marginal distance to MSA > 500k	0.002*** (0.001)	0.002*** (0.001)	0 (0.000)	−0.001 (0.006)
Marginal distance to MSA > 1M	−0.001*** (0.000)	−0.001*** (0.000)	−0.001** (0.000)	0.005 (0.004)
Constant	6.66*** (1.55)	6.69*** (1.54)	4.89*** (1.37)	3.81 (3.44)
N	3072	3072	3072	825
R2	0.78	0.79	0.82	0.95
F (non-FEs)	272	242	89.9	27.5
Counties	All	All	All	Metro
Fixed Effects	No	No	State	MSA
Full Controls	Yes	Yes	Yes	Yes
Regression	OLS	OLS	OLS	OLS