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Journal for Labour Market Research

Table 5 Spatial–temporal dependence in relative demand

From: The evolution of wage inequality within local U.S. labor markets

 

Estimates of \(\zeta\) from \(D_{it} = a + \zeta D_{i,\, t-1} + \eta _{it}\)

 

1990–1980

2000–1990

2010–2000

2019–2010

Eisenbarth-Chen estimates, \({\hat{\sigma }} = 4.15\)

0.843***

(0.021)

1.108***

(0.033)

0.869***

(0.027)

1.103***

(0.027)

Autor et al. (2008), \({\hat{\sigma }} = 2.40\)

0.841***

(0.021)

1.109***

(0.033)

0.870***

(0.027)

1.102***

(0.027)

Fortin (2006), \({\hat{\sigma }} = 5.68\)

0.842***

(0.020)

1.113***

(0.033)

0.869***

(0.027)

1.109***

(0.026)

  1. The dependent variable is the implied relative demand shift log and the explanatory variable is the implied relative demand shift in the previous decade \(t - 1\). Presented author estimates an average of estimates of the elasticity of substitution as described in text. Standard errors are reported in parentheses beneath the estimates. Asterisks (*, **, ***) denote statistical significance at the 10, 5, and 1% levels
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