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. 2021 Jan 5;26(1):189–211. doi: 10.1007/s11366-020-09711-6

Table 3.

Baseline estimation results

DEP VAR = (1) (2) (3) (4)
InterFlow IntraFlow InterFlow IntraFlow
Treat*Post −0.100*** −0.109*** −0.104*** −0.105***
(0.034) (0.021) (0.034) (0.020)
HighTemp 0.002 0.001**
(0.001) (0.001)
LowTemp 0.001 −0.002**
(0.001) (0.001)
WindVel −0.001 −0.002
(0.002) (0.002)
Wind Direction Not controlled Not controlled Controlled Controlled
Daily FE Yes Yes Yes Yes
City FE Yes Yes Yes Yes
Observations 35,640 35,640 35,640 35,640
R2 0.870 0.734 0.870 0.735

This table contains the estimated results utilizing Eq. (1). Columns (1) and (2) respectively use InterFlow and IntraFlow as the dependent variable in the presence of city and daily fixed effects. Columns (3) and (4) extend columns (1) and (2) to include a full set of control variables. Robust standard errors are clustered by city in parentheses. *, **, and *** respectively denote significance levels of 10%, 5% and 1%