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Table 8 Estimates of differences in allowance rates by gubernatorial term length for three different time periods: 1982–86, 1987–92, 1993–00

From: The political economy of the disability insurance: theory and evidence of gubernatorial learning

 

(1)

(2)

(3)

(4)

Dependent variable

Disability

Concurrent

Disability

Concurrent

 

Insurance (DI)

(DI + SSI)

Insurance (DI)

(DI + SSI)

 

allowance

allowance

log-applications

log-applications

 

rate (in %)

rate (in %)

(in %)

(in %)

=1 if multiterm in 1982–85

0.70

0.55

-0.47

-5.60*

 

(1.23)

(1.45)

(2.54)

(3.39)

=1 if multiterm in 1987–92

1.16*

1.92***

-0.06

0.56

 

(0.67)

(0.68)

(1.46)

(1.82)

=1 if multiterm in 1993–00

1.93***

1.76**

-1.25

-1.05

 

(0.71)

(0.69)

(1.79)

(2.15)

State FE

Y

Y

Y

Y

Year FE

Y

Y

Y

Y

Clustered standard errors

Y

Y

Y

Y

Estimation method

OLS

OLS

OLS

OLS

Observations

745

745

745

745

R-squared

0.796

0.730

0.994

0.992

  1. Heteroskedasticity and autocorrelation (4 lags) robust standard errors at the state level in parentheses. Coefficients that are significant at the.10 [.05] (.01) are marked with *[**](***). Regressions all include additional controls for state marriage rates and age-adjusted state death rates.