Log employment growth rate | Manufacturing | Services | ||
---|---|---|---|---|
Second stage | ||||
DSL availability | − 0.125 (− 1.36) | − 0.237 (− 2.30)** | 0.284 (2.36)** | 0.325 (3.14)*** |
Log full-time employment, est. | 0.004 (1.65)* | − 0.005 (− 1.79)* | 0.002 (0.62) | − 0.000 |
(− 0.05) | ||||
Log median full-time wage, est. | 0.010 (0.74) | 0.053 (4.63)*** | 0.011 (1.25) | 0.015 (2.44)** |
Young establishment (< 5 years) | 0.002 (0.25) | − 0.007 (− 0.72) | 0.041 (4.02)*** | 0.019 (1.52) |
Mid-age establishment (5–14 years) | 0.002 (0.20) | − 0.005 (− 0.75) | 0.016 (2.13)** | 0.006 (1.06) |
Share high-skilled | 0.067 (2.14)** | 0.071 (2.59)*** | 0.011 (0.72) | 0.015 (1.16) |
Log full-time employment, mun. | 0.004 (0.99) | 0.003 (0.76) | − 0.005 (− 0.93) | − 0.010 (− 1.94)* |
Log full-time empl. density, mun. | − 0.007 (− 1.53) | − 0.004 (− 0.75) | − 0.022 (− 3.29)*** | − 0.010 (− 2.01)** |
Log mean full-time wage, mun. | 0.009 (0.35) | − 0.001 (− 0.05) | 0.116 (2.07)** | 0.123 (2.97)*** |
Log full-time empl. growth rate, mun. | 0.039 (1.38) | − 0.016 (− 0.67) | 0.024 (0.36) | 0.013 (0.18) |
Share high-skilled, municipality | − 0.047 (− 1.02) | 0.028 (0.69) | − 0.092 (− 1.32) | − 0.048 (− 1.25) |
Year FE | Yes | Yes | ||
Industry FE (3-digit) | Yes | Yes | ||
District FE | Yes | Yes | ||
Observations | 14,823 | 14,823 | 18,650 | 18,650 |
Adjusted R2 | 0.002 | 0.044 | . a | 0.034 |
First stage | ||||
Distance to MDF > 4.2 km | − 0.064 (− 4.38)*** | − 0.053 (− 7.35)*** | − 0.061 (− 3.86)*** | − 0.062 (− 5.34)*** |
Adjusted R2 | 0.115 | 0.456 | 0.122 | 0.404 |
Robust F stat. | 19.221 | 54.294 | 14.930 | 28.646 |
Prob > F | 0.000 | 0.000 | 0.000 | 0.000 |
Test of endogeneity p-valueb | 0.254 | 0.012 | 0.011 | 0.002 |