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Unformatted text preview: B e s l e y & B u r g e s s ( 2 4 ) R e g u l a t i o n a n d D e v e l o p m e n t Table 6 Labor Regulation and Industrial Performance : Dealing with Endogeniety Concerns (1) (2) (3) (4) (5) (6) (7) Log registered manufacturing output difference Log unregistered manufacturing output difference Log registered manufacturing employment difference Log registered manufacturing output Log unregistered manufacturing output Log registered man employ Labor regulation Method OLS on matched differences OLS on matched differences OLS on matched differences 2SLS 2SLS 2SLS OLS Labor regulation difference -0.132*** (5.50) 0.310*** (8.20) -0.064** (2.30) Labor regulation [t-1] -0.399*** (4.02) 0.117* (1.80) -0.370*** (3.50) Mean unionization *post 1977 dummy 0.095*** (3.52) Mean non-landlord*post 1977 dummy -1.422** (2.48) Match dummies YES YES YES NO NO NO NO State effects NO NO NO YES YES YES YES Year effects YES YES YES YES YES YES YES Over-identification test p- value 0.98 0.99 0.78 F-test instruments(Prob>F)...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.
- Spring '10