Table 9.
OLS and IV estimates for the transmission rates: impacts on new cases.
(1) | (2) | (3) | (4) | (6) | |
---|---|---|---|---|---|
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 -value | 0.00767 | 0.00524 | 0.108 | 0.00651 |
Notes. *** 0.01, ** 0.05, * 0.1. Estimated in first differences. Twoway (county and day) clustered standard errors in parentheses. is 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.