Table 6 The effects of European Structural Funds on annual growth in house prices
From: European structural funds during the crisis: evidence from Southern Italy
Dep. var.: annual growth in house price per sqm | (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 | 0.0037* | 0.0054*** | −0.0006 | −0.0030 | −0.0081*** | 0.0000 |
(0.0022) | (0.0016) | (0.0030) | (0.0022) | (0.0022) | ||
LLM FE | ||||||
ln(annual per capita payments)t | 0.0032 | 0.0285*** | −0.0017 | 0.0042 | −0.0026 | 0.0025 |
(0.0039) | (0.0075) | (0.0042) | (0.0046) | (0.0031) | ||
With f i ′ and f i ′ × 1[second year] | ||||||
ln(annual per capita payments)t | −0.0022 | 0.0022 | 0.0020 | −0.0034 | −0.0066* | 0.3003 |
(0.0032) | (0.0029) | (0.0041) | (0.0034) | (0.0037) | ||
With selected covariates (double selection) | ||||||
ln(annual per capita payments)t | 0.0034 | 0.0118*** | 0.0068* | −0.0030 | −0.0065* | 0.0143 |
(0.0030) | (0.0037) | (0.0037) | (0.0033) | (0.0034) | ||
Obs | 650 | 650 | 650 | 650 | 650 | |