The results of the regression | ||||||
| (1) | (2) | (3) | (4) | (5) | (6) |
labor flow | −0.0658797*** [0.000] | −0.0658904*** [0.000] | −0.0651507*** [0.000] | −0.0651507*** [0.000] | −0.0586729*** [0.000] | −0.05415*** [0.000] |
structure |
| 0.0001294*** [0.000] | 0.0047129*** [0.008] | 0.0046743*** [0.008] | 0.0038365** [0.026] | 0.004523*** [0.009] |
industry |
|
| −0.4620749*** [0.009] | −0.4578506*** [0.010] | −0.3762279** [0.028] | −0.4252955** [0.013] |
st |
|
|
| 0.4507698*** [0.000] | 0.4205465* [0.077] | 0.5260261** [0.029] |
Fd |
|
|
|
| 0.050091*** [0.000] | 0.054587*** [0.000] |
welfare |
|
|
|
|
| −6.07e−06*** [0.000] |
_cons | 2.36137*** [0.000] | 2.35647*** [0.000] | 2.593927*** [0.000] | 2.513822*** [0.000] | 2.412804*** [0.000] | 2.509012*** [0.000] |
Under identification test | 382.110 [0.000] | 382.209 [0.000] | 384.896 [0.000] | 368.460 [0.000] | 352.151 [0.000] | 348.372 [0.000] |
Weak identification test | 296.430 [0.000] | 296.255 [0.000] | 295.860 [0.000] | 275.365 [0.000] | 261.293 [0.000] | 252.433 [0.000] |
Hansen J statistic | 0.174 [0.6770] | 0.172 [0.6785] | 0.264 [0.6076] | 0.265 [0.6067] | 0.125 [0.7238] | 0.064 [0.7997] |
N | 2720 | 2720 | 2720 | 2720 | 2720 | 2720 |