Table 4.
Robustness checks
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | |
|---|---|---|---|---|---|---|---|---|---|---|
| VARIABLES | EIB Loan Dummy | |||||||||
| Work region dummy | 0.1712*** | 0.1891*** | 0.1758*** | 0.0896*** | 0.1705** | 0.1871** | 0.4960*** | 0.1747*** | 0.1836*** | 0.3672*** |
| (0.0546) | (0.0527) | (0.0441) | (0.0272) | (0.0789) | (0.0909) | (0.1362) | (0.0518) | (0.0546) | (0.0840) | |
| Capital city * joining EU | 0.0011 | |||||||||
| (0.1021) | ||||||||||
| Ln ESI funds | 0.0057 | |||||||||
| (0.0041) | ||||||||||
| Spatial lag | 0.6903 | |||||||||
| (0.7894) | ||||||||||
| Sample definition | full | full | full | full | full | no capitals | only capitals | full | full | full |
| Observations | 6,642 | 34,164 | 2,269 | 29,848 | 6,642 | 6,018 | 624 | 6,642 | 6,642 | 27,872 |
| R-squared | 0.2540 | 0.1007 | 0.4502 | 0.4050 | 0.2540 | 0.2584 | 0.9119 | 0.2542 | 0.2541 | |
| Number of regions | 266 | 1,314 | 91 | 287 | 266 | 241 | 25 | 266 | 266 | 269 |
| Mean of dependent variable | .42 | .1 | .67 | .17 | .42 | .41 | .48 | .42 | .42 | .18 |
*** p < 0.01, ** p < 0.05, * p < 0.1. The table presents results for the estimation of the model in Eq. 1. Standard errors are in parentheses and they clustered on the level as indicated in the table. The sample start year is 1990 for all regressions. The method is OLS for all regressions except column 10, where it is Logit. Region fixed effects are included in all regressions. Control variables are included in all regressions except columns 2, 4, and 10. Country-year fixed effects are included in all regressions except 4 and 10. Year-quarter fixed effects are included in column 10. Country-year-quarter fixed effects are included in column 4