Variables | Expected Sign | Model | Model |
| Sign | (1) | (2) |
| + | 0.420*** | 0.445*** |
|
| (0.0344) | (0.0341) |
| - | −0.0814** | −0.109* |
|
| (0.0373) | (0.0602) |
| - | −0.00983 | 0.00197 |
|
| (0.0139) | (0.00221) |
Constant |
| 0.00771*** | 0.00783*** |
|
| (0.00120) | (0.00119) |
|
|
|
|
State Dummies |
| Yes | Yes |
Year Dummies |
| Yes | Yes |
|
|
|
|
N |
| 969 | 918 |
R2 |
| 0.166 | 0.165 |