Table 3. Near neighbor regressions.
| 100 Mile Radius | 200 Mile Radius | |||||||
|---|---|---|---|---|---|---|---|---|
| VARIABLES | Growtht+4 | S.E. | Growtht+6 | S.E. | Growtht+4 | S.E. | Growtht+6 | S.E. |
| Bars Closed, Rest Closed | -0.782 | 0.710 | -0.903 | 0.606 | -2.022** | 0.992 | -2.603*** | 0.817 |
| Bars Closed, Rest Out | -0.793 | 0.681 | -1.452** | 0.626 | 1.554 | 1.035 | 1.640* | 0.918 |
| Bars Out, Rest Out | 1.142 | 0.763 | -0.371 | 0.685 | 1.676* | 1.013 | -0.461 | 0.850 |
| Bars Closed, Rest 25% | -0.178 | 0.832 | 0.296 | 0.895 | 0.726 | 1.049 | 1.075 | 0.897 |
| Bars Out, Rest 25% | -4.969*** | 1.313 | -4.306*** | 1.378 | -3.066** | 1.374 | -3.530*** | 1.266 |
| Bars 25%, Rest 25% | -2.549*** | 0.788 | -3.319*** | 0.720 | -4.152*** | 0.816 | -5.123*** | 0.777 |
| Bars Closed, Rest 50% | -1.011** | 0.460 | -1.059** | 0.432 | -0.260 | 0.582 | -0.783 | 0.527 |
| Bars Out, Rest 50% | 0.233 | 0.769 | -1.945** | 0.800 | 0.335 | 0.796 | -2.160*** | 0.672 |
| Bars 25%, Rest 50% | -0.552 | 0.652 | -0.260 | 0.621 | -0.343 | 0.761 | -0.128 | 0.744 |
| Bars 50%, Rest 50% | -0.699* | 0.399 | -0.354 | 0.360 | -1.233*** | 0.474 | -1.112*** | 0.431 |
| Bars Closed, Rest >50% | 2.871*** | 0.734 | 0.384 | 0.513 | 1.455 | 1.007 | 0.958 | 0.735 |
| Bars 25%, Rest >50% | 3.849*** | 0.951 | 1.628** | 0.721 | 1.454 | 0.919 | 0.235 | 0.773 |
| Bars 50%, Rest >50% | -0.507 | 0.418 | -0.298 | 0.380 | -1.468** | 0.577 | -1.072** | 0.509 |
| Gyms Closed | -0.984* | 0.554 | -1.112** | 0.525 | 0.007 | 0.731 | 0.140 | 0.649 |
| Gyms 25% | 0.837 | 0.523 | 0.966** | 0.490 | 1.934** | 0.881 | 1.974** | 0.783 |
| Gyms 50% | 0.511 | 0.392 | -0.108 | 0.375 | 0.778 | 0.519 | 0.155 | 0.484 |
| Spas Closed | 2.162*** | 0.599 | 2.408*** | 0.594 | 2.039** | 0.862 | 2.495*** | 0.844 |
| Spas 25% | 1.277** | 0.590 | 0.777 | 0.561 | -0.899 | 0.923 | -1.677** | 0.848 |
| Spas 50% | 0.921** | 0.367 | 1.575*** | 0.356 | 0.654 | 0.522 | 1.460*** | 0.500 |
| Retail Closed | -0.675 | 0.770 | -0.893 | 0.799 | 2.843** | 1.293 | 1.794* | 1.026 |
| Retail 25% | -0.557 | 0.378 | -0.215 | 0.364 | -1.162** | 0.508 | -0.637 | 0.508 |
| Retail 50% | -0.388 | 0.313 | -0.469* | 0.285 | -0.651* | 0.369 | -0.565* | 0.338 |
| Movies Closed | 0.014 | 0.558 | -0.812 | 0.515 | -1.401** | 0.679 | -2.011*** | 0.636 |
| Movies 25% | 0.655 | 0.446 | 0.074 | 0.417 | 0.490 | 0.576 | -0.331 | 0.528 |
| Movies 50% | 0.127 | 0.394 | -0.143 | 0.372 | -1.093** | 0.496 | -1.081** | 0.467 |
| Observations | 37,298 | 37,298 | 23,336 | 23,336 | ||||
| Adjusted R-squared | 0.0892 | 0.0938 | 0.0930 | 0.0990 | ||||
| Control | YES | YES | YES | YES | ||||
| Near Neighbor Policy | YES | YES | YES | YES | ||||
The regressions in this table repeat those in Table 2 with the exception that near neighbor policies are included as control variables. For inclusion in the sample, a county must not lie on its state’s border. In addition, there must be a matching non-border county in another state with a population centroid within X miles of the target county (where X is 100 or 200 miles). Among the set of possible matches, the one closest in a multi-dimensional hedonic distance is selected based on equation (333) in S1 Methods. Standard errors are clustered at the county level and are robust to heteroskedasticity. Significance Key
* 10%
** 5%
*** 1%.