All Kentucky counties | Kentucky border counties only | |||||
LnTotEmp | LnWages | LnEstab | LnTotEmp | LnWages | LnEstab | |
Panel A: Kentucky | ||||||
Intercept | −11.743 | −8.512 | −10.528 | −22.781 | −22.820 | −16.156 |
(0.000) | (0.000) | (0.000) | (0.000) | (0.000) | (0.000) | |
Ban | 0.004 | 0.021 | 0.012 | −0.012 | −0.0176 | 0.003 |
(0.629) | (0.014) | (0.010) | (0.762) | (0.688) | (0.907) | |
BorderBan | 0.0170 | 0.014 | 0.013 | |||
(0.504) | (0.634) | (0.323) | ||||
LnUnEmpRate | −0.081 | −0.087 | −0.023 | −0.184 | −0.305 | −0.178 |
(0.000) | (0.000) | (0.020) | (0.037) | (0.001) | (0.001) | |
LnPopulation | 1.167 | 1.275 | 0.923 | 0.596 | 1.086 | −0.076 |
(0.000) | (0.000) | (0.000) | (0.268) | (0.053) | (0.805) | |
LnOtherEmp | 0.203 | 0.179 | 0.156 | 0.597 | 0.250 | 0.987 |
(0.002) | (0.011) | (0.001) | (0.253) | (0.650) | (0.001) | |
LnPerCapInc | 0.445 | 0.807 | 0.335 | 1.757 | 2.369 | 1.165 |
(0.000) | (0.000) | (0.000) | (0.000) | (0.000) | (0.000) | |
No | 2023 | 2023 | 2023 | 183 | 183 | 183 |
Prob >χ2 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
All Ohio counties | Ohio border counties only | |||||
LnTotEmp | LnWages | LnEstab | LnTotEmp | LnWages | LnEstab | |
Panel B: Ohio | ||||||
Intercept | −8.061 | −6.035 | −8.926 | −11.405 | −9.331 | −9.465 |
(0.000) | (0.000) | (0.000) | (0.000) | (0.000) | (0.000) | |
Ban | −0.001 | 0.054 | 0.003 | 0.001 | 0.066 | 0.039 |
(0.781) | (0.000) | (0.261) | (0.962) | (0.002) | (0.001) | |
BorderBan | −0.014 | −0.003 | 0.015 | |||
(0.383) | (0.886) | (0.127) | ||||
LnUnEmpRate | −0.087 | −0.127 | 0.009 | −0.091 | −0.103 | 0.027 |
(0.000) | (0.000) | (0.175) | (0.012) | (0.059) | (0.357) | |
LnPopulation | 1.212 | 1.421 | 1.081 | 2.652 | 2.917 | 1.890 |
(0.000) | (0.000) | (0.000) | (0.000) | (0.000) | (0.000) | |
LnOtherEmp | −0.050 | −0.199 | −0.027 | −1.422 | −1.632 | −0.706 |
(0.466) | (0.022) | (0.449) | (0.000) | (0.000) | (0.000) | |
LnPerCapInc | 0.270 | 0.761 | 0.187 | 0.393 | 0.876 | 0.012 |
(0.000) | (0.000) | (0.000) | (0.006) | (0.000) | (0.912) | |
No | 2336 | 2336 | 2336 | 162 | 162 | 162 |
Prob >χ2 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Notes: This table presents results from feasible generalised least squares models. Values in parentheses are p values. The dependent variable is either the natural log of total number of employees (LnTotEmp), the natural log of total wages paid in dollars (LnWages) or the natural log of total number of reporting establishments (LnEstab). The unemployment rate is in percentages and per capita income is in dollars. Quarterly dummy variables are included in the models, but the results are excluded for brevity.