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. 2022 Sep 29;150:104283. doi: 10.1016/j.euroecorev.2022.104283

Table 9.

OLS and IV estimates for the transmission rates: impacts on new cases.

(1) (2) (3) (4) (6)
ΔInfectiousot 0.98*** 1.19*** 1.19*** 1.12*** 1.25***
(0.01) (0.08) (0.08) (0.08) (0.08)
Observations 583,510 583,301 414,944 583,301 583,301
State-day fixed effects Yes Yes Yes Yes Yes
Instruments used
Revisions (commuting) Yes No Yes No
Unpredicted (commuting) Yes No No Yes
Revisions (local) No Yes No No
Unpredicted (local) No Yes No No
Kleibergen Paap F 146.5 144.3 213.4 18.95
Hansen J 1.329 1.168
p-value 0.249 0.280
Endogeneity test p-value 0.00767 0.00524 0.108 0.00651

Notes. ***p < 0.01, **p < 0.05, *p < 0.1. Estimated in first differences. Twoway (county and day) clustered standard errors in parentheses. ΔInfectiousotis the 6-day lagged 5-day average number of infected, weighted for each destination county with the origin-normalized commuting flows, multiplied with the origin population.