Table 4 Estimation results for spatial panel and panel models with commercial job portals data on vacancies*

A

–

–

–

–

− 1.49***

(0.000)

Wlog(M)

0.23***

(0.000)

–

–

–

Log(u)

− 0.18

(0.11)

− 0.37

(0.11)

− 0.37

(0.07)

− 0.20

(0.10)

0.42***

(0.000)

log(inf)

0.169*

(0.017)

0.177*

(0.02)

0.174*

(0.015)

0.19*

(0.01)

0.53***

(0.000)

log(v)

0.22***

(0.005)

0.20*

(0.01)

0.21**

(0.003)

0.25***

(0.000)

0.04*

(0.1)

Wlog(U)

–

0.14

(0.57)

0.18

(0.44)

–

–

Wlog(inf)

–

0.13

(0.24)

0.11

(0.36)

–

–

Wlog(v)

–

0.12

(0.24)

0.07

(0.47)

–

–

We

–

0.22***

(0.000)

–

–

R-squared

0.88

0.06

0.87

0.05

0.84

Spatial Hausman

7.95

(0.04)

119.78

(0.000)

45.4

(0.000)

94.29

(0.000)

–

LM test for effects***

5.27

(0.000)

0.92

(0.07)

4.70

(0.000)

–

–

AIC/BIC

378/472

397/498

283/489

395/484

444/460