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File2-page169 - Labor Regulation Delicense-0.137(0.044...

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Aghion et al. (2003) Openness and Economic Performance Table 3: Delicensing, Labor Regulation and Industrial Performance in India: 1980-1997 (1) (2) (3) (4) (5) (6) (7) (8) Log Real Output Log Real Output Log Real Output Log Real Output Log Real Output Log Real Output Log Real Output Log Real Output Labor Regulation -0.137*** -0.074* -0.077** (0.044) (0.040) (0.039) Delicense 0.031 0.038 0.020 (0.043) (0.044) (0.040) Labor Regulation × Delicense -0.070*** -0.066*** -0.054** -0.054*** -0.043** -0.202*** (0.018) (0.018) (0.024) (0.018) (0.020) (0.078) 1980 Labor Regulation × Delicense -0.062* (0.035) Observations 18324 18324 24374 18324 18324 24374 18324 18324 R-squared 0.89 0.89 0.88 0.91 0.92 0.91 0.92 0.92 State-industry fixed effects YES YES YES YES YES YES YES YES Year effects YES YES YES State-year effects YES YES YES YES YES Industry-year effects YES YES YES YES YES State-delicense effects YES Balancedpanel YES YES YES YES YES YES Unbalanced panel YES YES Clustering State×ydel State×ydel State×ydel State×ydel State×ind State×ydel State×ydel State×ydel Notes: Robust standard errors adjusted for clustering by state×year delicensed are reported in parentheses in columns (1)-(4) and (6)-(8). In column (5) standard robust standard errors are reported for
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