Variable

Small Retail

Establishments (SRE)

Large Retail

Establishments (LRE)

Coefficient

z

Coefficient

z

GEMP

0.571***

5.44

0.320***

3.13

GPOP

−1.151***

−8.24

−0.576***

−3.71

GRE

−0.130

−0.93

0.510***

4.57

POPBASE

−0.010

−1.87

0.072***

5.07

PCIBASE

−0.047

−1.26

0.061***

4.3

REBASE

0.000

−0.09

−0.122***

−3.38

NFIRM

0.002

0.2

0.016**

2.15

CMHV

0.080***

2.57

0.094***

3.38

PCITAX

0.008

1.54

0.017***

3.02

RETIRE

−0.004**

−2.14

−0.004**

−2.09

METRO

−0.017*

−1.65

−0.032***

2.89

METROADJ

0.005

0.52

0.010

0.95

R²

0.965

0.957

N

299

299