Single cross section regressions (OLS)

Dependent variable: $y_{it}$

1985-2010

1985-1995

1990-2000

1995-2005

2000-2010

$y_{i,t-1}$

0.929

(0.124)

0.783^*

(0.102)

1.076

(0.071)

1.041

(0.094)

0.901

(0.114)

East

0.230

(0.120)

0.390^*

(0.098)

0.230^*

(0.068)

0.015

(0.101)

–0.091

(0.135)

West

0.035

(0.111)

–0.018

(0.091)

–0.030

(0.058)

0.041

(0.079)

0.006

(0.106)

_cons

3.865

(0.924)

3.078

(0.761)

0.789

(0.571)

0.714

(0.833)

2.322

(1.067)

$R^{\text{2}}$

0.8169

0.8741

0.9560

0.9182

0.8308

obs

31

31

31

31

31