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. 2022 Jan 19;143:104003. doi: 10.1016/j.euroecorev.2021.104003

Table 6.

Robustness tests on Covid-19 cases and school opening.

Serial Time=5 days
IHS
Cases over Population
Interaction term
(1) (2) (3) (4)
School opening (2nd lag) 0.019*** 0.026*** 0.024*** 0.026***
(0.001) (0.001) (0.001) (0.001)
School opening (2nd lag) X 2nd lag dependent −0.002
(0.005)
Covid-19 (ln, 2nd lag) −0.785*** −0.609*** −0.789*** −0.788***
(0.005) (0.004) (0.005) (0.005)
Covid-19 (ln, 3d lag) 0.057*** 0.008*** 0.011*** 0.011***
(0.003) (0.002) (0.003) (0.003)
Covid-19 (ln, 4th lag) 0.022*** −0.016*** −0.021*** −0.020***
(0.003) (0.002) (0.003) (0.003)
Covid-19 (change ln lag) −0.881*** −0.669*** −0.865*** −0.863***
(0.003) (0.003) (0.004) (0.005)
Time dummies Y Y Y Y
Census areas fixed effects Y Y Y Y

Observations 796,416 530,944 505,856 530,944
R2 within 0.44 0.43 0.43 0.43
Number of Census areas 33,184 33,184 31,616 33,184

All regressions are weighted by propensity scores. ***, **, and * denote significance at 1%, 5%, and 10%, respectively. Standard errors are clustered at census area level. The dependent variables are the natural log of the Covid-19 cases measured with a serial time of 5 days (column 1), the Inverse Hyperbolic Sine Transformation (IHS) of the Covid-19 cases (column 2); the share of Covid-19 cases over the census area population in 2011 (column 3); and the log of the Covid-19 cases (column 4).