Table 6.
Estimated coefficients.
| Total | Economy_l | Eeconomy_H | |||
|---|---|---|---|---|---|
| ln_inpeo (oldrate < 11.152) | −0.890** (0.302) | ln_inpeo (oldrate < 9.5746) | −0.714 (0.566) | ln_inpeo (oldrate < 7.9129) | −1.000*** (0.255) |
| ln_inpeo (oldrate > 11.152) | −0.816** (0.306) | ln_inpeo (oldrate > 9.5746) | −0.597 (0.573) | ln_inpeo (7.9129 < * < 8.0887) | −0.792** (0.276) |
| ln_inpeo (oldrate > 8.0887) | −1.049*** (0.255) | ||||
| ln_govinc | −0.562** (0.181) | ln_govinc | −1.541*** (0.449) | ln_govinc | −0.209 |
| (0.123) | |||||
| ln_govoutc | −0.704 (0.600) | ln_govoutc | 0.343 (1.052) | ln_govoutc | 0.670 (0.493) |
| ln_yedu | 0.364 (1.856) | ln_yedu | 1.207 (2.644) | ln_yedu | 4.526** (1.537) |
| ln_labinc | 1.254* (0.618) | ln_labinc | −0.647 (1.090) | ln_labinc | 0.181 (0.504) |
| ln_imaex | −0.251 (0.183) | ln_imaex | 0.341 (0.294) | ln_imaex | −0.851*** (0.160) |
| Constant | 22.016*** (4.827) | Constant | 23.977** (8.179) | Constant | 4.865 (3.684) |
| R-squared | 0.427 | R-squared | 0.514 | R-squared | 0.552 |
| N | 510 | N | 255 | N | 255 |
***, **, and *, respectively, indicates significance at the 1, 5, and 10% level. Standard error in parentheses.