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Table 12 The elasticity of the current level of outcomes with respect to European Structural Fund payments, 2008-2013

From: European structural funds during the crisis: evidence from Southern Italy

  (1) (2) (3) (4) (5) (6)
Outcome: Employment Population House price per sqm
ln(annual pc payments)t 0.0031 0.0048 −0.0004 −0.0002 −0.0065 −0.0025
(0.0039) (0.0040) (0.0005) (0.0005) (0.0106) (0.0087)
Additional controls LLM FE and specific linear time trends LLM FE, plus controls chosen by double selection LLM FE and specific linear time trends LLM FE, plus controls chosen by double selection LLM FE and specific linear time trends LLM FE, plus controls chosen by double selection
Obs 1950 1950 1950 1950 1950 1950
  1. Note:
  2. See Table 2 for other info. Standard errors clustered for LLM in parentheses. Estimates obtained using Poisson Quasi Maximum Likelihood. Controls in columns (3), (6), (9) have been chosen using the “double selection” method (Belloni et al. 2014, and the code provided by the authors) on the reduced forms for ln(annual pc payments)t and for the logarithm of the outcome. Coefficients on selected covariates are available on request
  3. *p < .10 **p < .05 ***p < .01