Table 5.
OLS regressions: Contributions on others’ lagged contributions
| Dependent variable: ci, t | Base |
Val |
Cap |
||
|---|---|---|---|---|---|
| Contributions by i | l-types | h-types | l-types | h-types | |
| (Avg.) lagged contrib. l-types |
0.702*** (0.107) |
0.645*** (0.118) |
0.333* (0.161) |
0.473*** (0.111) |
0.487*** (0.185) |
| Lagged contrib. h-types |
0.075 (0.058) |
0.317** (0.081) |
|||
| Constant | 3.236*** (1.527) |
0.327 (1.898) |
14.900*** (2.199) |
3.157* (1.779) |
10.958*** (2.470) |
| Period dummies | Yes | Yes | Yes | Yes | Yes |
| # Observations | 405 | 288 | 144 | 270 | 135 |
| Adj. R2 | 0.465 | 0.447 | 0.083 | 0.426 | 0.283 |
Note: OLS regressions with data from period 2-10. Robust standard errors (clustered on groups) in parentheses. *** Significance at p < 0.01, ** significance at p < 0.05, * significance at p < 0.1.