| Case 1 |
Case 2 |
Case 3 |
||||||||||
| Entry |
Exit |
Entry |
Exit |
Entry |
Exit |
|||||||
| Coef. |
Std. err. |
Coef. |
Std. err. |
Coef. |
Std. err. |
Coef. |
Std. err. |
Coef. |
Std. err. |
Coef. |
Std. err. |
|
| Constant |
0.0205 |
0.0167 |
0.0432*** |
0.0045 |
0.0289** |
0.0141 |
0.0254*** |
0.0092 |
0.0335** |
0.0138 |
0.0261** |
0.0105 |
| EXIT |
0.4038* |
0.2439 |
0.0409 |
0.2105 |
0.0376 |
0.2042 |
||||||
| ENTRY |
0.2238*** |
0.0838 |
0.6399** |
0.2975 |
0.6336* |
0.3531 |
||||||
| HHI |
0.0036 |
0.0052 |
−0.0090*** |
0.0030 |
0.0015 |
0.0060 |
−0.0126** |
0.0051 |
0.0003 |
0.0058 |
−0.0127*** |
0.0048 |
| DMNBR |
0.0093 |
0.0063 |
−0.0083** |
0.0042 |
0.0035 |
0.0076 |
−0.0148** |
0.0072 |
0.0031 |
0.0071 |
−0.0144** |
0.0069 |
| POER |
−0.0529*** |
0.0116 |
−0.0318** |
0.0133 |
−0.0375*** |
0.0126 |
||||||
| RPG |
0.1323 |
0.1014 |
−0.0168 |
0.1160 |
−0.0558 |
0.1088 |
||||||
| SLTI |
0.0165*** |
0.0044 |
0.0066 |
0.0047 |
−0.0031 |
0.0043 |
||||||
| RCTI |
−0.0154 |
0.0203 |
−0.0215 |
0.0326 |
−0.0085 |
0.0340 |
||||||
| UER |
0.1174*** |
0.0231 |
0.1560*** |
0.0393 |
0.1669*** |
0.0363 |
||||||
| OLDR |
0.0152 |
0.0113 |
0.0102 |
0.0195 |
0.0110 |
0.0199 |
||||||
| R2 |
0.1836 |
0.1833 |
0.0362 |
0.0969 |
0.0306 |
0.0759 |
||||||
| Observations |
564 |
564 |
564 |
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