Table 9.
Drop ten and five year periods one-by-one
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
|---|---|---|---|---|---|---|---|---|
| VARIABLES | EIB Loan Dummy | |||||||
| Work region dummy | 0.1621*** | 0.1506*** | 0.1539*** | 0.1558*** | 0.1453*** | 0.1544*** | 0.1614*** | 0.1513*** |
| (0.0461) | (0.0470) | (0.0474) | (0.0474) | (0.0473) | (0.0492) | (0.0458) | (0.0487) | |
| Without years | 59-68 | 59-63 | 64-68 | 69-78 | 69-73 | 74-78 | 79-88 | 79-83 |
| Observations | 13,630 | 15,080 | 15,080 | 13,630 | 15,080 | 15,080 | 13,630 | 15,080 |
| R-squared | 0.3383 | 0.3599 | 0.3713 | 0.3790 | 0.3786 | 0.3873 | 0.3945 | 0.3898 |
| Mean of dependent variable | .3 | .27 | .27 | .28 | .27 | .26 | .25 | .26 |
| Work region dummy | 0.1551*** | 0.1613*** | 0.1536*** | 0.1496*** | 0.0871 | 0.1385*** | 0.1057* | 0.1316* |
| (0.0456) | (0.0406) | (0.0438) | (0.0458) | (0.0624) | (0.0496) | (0.0599) | (0.0698) | |
| Without years | 84-88 | 89-98 | 89-93 | 94-98 | 99-08 | 99-03 | 04-08 | 09-15 |
| Observations | 15,080 | 13,630 | 15,080 | 15,080 | 13,630 | 15,080 | 15,080 | 14,500 |
| R-squared | 0.3896 | 0.3785 | 0.3789 | 0.3868 | 0.4138 | 0.3953 | 0.4002 | 0.3779 |
| Mean of dependent variable | .25 | .23 | .24 | .24 | .23 | .24 | .24 | .22 |
| Number of regions | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 290 |
| Region FEs | × | × | × | × | × | × | × | × |
| Country-year FEs | × | × | × | × | × | × | × | × |
| Controls | ||||||||
*** 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 clustered on the level of NUTS 2 regions