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Table 4 The effects of European Structural Funds on annual growth in employment

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

Dep. var.: annual growth in employment (1) (2) (3) (4) (5) Test for (1)-(5) jointly zero (p-val)
2008-09 2009-10 2010-11 2011-12 2012-13
  OLS  
ln(annual per capita payments)t −0.0009 0.0031* −0.0023 0.0002 0.0041* 0.0034
(0.0014) (0.0017) (0.0024) (0.0022) (0.0023)  
  LLM FE  
ln(annual per capita payments)t −0.0045 0.0035 0.0042 0.0121 0.0212*** 0.0742
(0.0041) (0.0051) (0.0056) (0.0083) (0.0074)  
  With f i ′ and f i ′ × 1[second year]  
ln(annual per capita payments)t −0.0034* 0.0016 0.0069** 0.0079** 0.0024 0.0250
(0.0019) (0.0026) (0.0029) (0.0038) (0.0032)  
  With selected covariates (double selection)  
ln(annual per capita payments)t −0.0043** 0.0014 0.0074** 0.0067* 0.0049 0.0291
(0.0019) (0.0026) (0.0032) (0.0038) (0.0034)  
Obs 650 650 650 650 650  
  1. Note:
  2. Standard errors clustered for LLM in parentheses. See Tables 12 for other info. The “double selection” has been conducted separately for each couple of years. See Additional file 1: Table S3 for the coefficients on these variables
  3. *p < .10 **p < .05 ***p < .01