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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