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. 2020 Nov 25;193:104311. doi: 10.1016/j.jpubeco.2020.104311

Table 2.

Policy estimates by source of variation: LN (visits/day).

(1) (2) (3)
Border No Border Exit/Repeal
S-I-P Order −0.081 −0.075 −0.074
(0.015) (0.018) (0.013)
Repeal Order 0.008
(0.020)
ln(County deaths) −0.032 −0.042 −0.039
[asinh transf] (0.011) (0.006) (0.005)
N 6,391,240 17,474,481 23,865,721
R2 0.873 0.882 0.880
FEs Store Store Store
Weights: CZ × Week CZ × Week CZ × Week
Cluster SE: Visits in Jan Visits in Jan Visits in Jan
County County County

Notes: The dependent variable is log number of average consumer visits per day to the store. S-I-P Order is the measure of shelter-in-place at the county level as described in the text. Repeal Order indicates locations where they repeal or let their order expire. The measure of County deaths is the log of an inverse hyperbolic sine transformation of the number of deaths in the county to account for the many zeros. The standard errors are clustered at the county level.