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. Author manuscript; available in PMC: 2019 May 1.
Published in final edited form as: Rev Econ Stat. 2018 May 4;100(2):362–375. doi: 10.1162/REST_a_00697

Table A.3.

Eurobarometer: 5 and 10 Year Long Differences in GDP per capita

(1) (2) (3) (4) (5) (6)
“On the whole, how satisfied are you with the life you lead?”

5 Year Long Differences 10 Year Long Differences
Δ = lnGDPjtlnGDPjt−5 Δ = lnGDPjtlnGDPjt−10


Δ lnGDP 0.706*** 0.352***
(0.153) (0.092)
Δ lnGDP: Negative −2.497*** −2.504*** −5.137*** −5.182***
(0.275) (0.272) (1.018) (1.024)
Δ lnGDP: Positive 0.247** 0.253***
(0.121) (0.086)
Δ lnGDP: Positive * no negative growth years in-between 0.247** 0.262***
(0.120) (0.082)
Δ lnGDP: Positive * with negative growth years in-between −0.112 0.126
(0.271) (0.137)

Country and Wave FEs x x x x x x
Individual Controls x x x x x x
Observations 1,093,387 1,093,387 1,093,387 1,093,387 1,093,387 1,093,387
R2 0.030 0.032 0.032 0.029 0.031 0.031

Robust standard errors in parentheses, adjusted for clustering at the country-year level. All regressions include country and wave fixed effects, as well as individual-level controls: age, age-squared, education level, gender, marital status. See online appendix for further details of long-difference specification and interactions.

*

p < 0.1

**

p < 0.05

***

p < 0.01.