Table 1

Panel data models using FLGS

All Kentucky countiesKentucky border counties only
LnTotEmpLnWagesLnEstabLnTotEmpLnWagesLnEstab
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)
Ban0.0040.0210.012−0.012−0.01760.003
(0.629)(0.014)(0.010)(0.762)(0.688)(0.907)
BorderBan0.01700.0140.013
(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)
LnPopulation1.1671.2750.9230.5961.086−0.076
(0.000)(0.000)(0.000)(0.268)(0.053)(0.805)
LnOtherEmp0.2030.1790.1560.5970.2500.987
(0.002)(0.011)(0.001)(0.253)(0.650)(0.001)
LnPerCapInc0.4450.8070.3351.7572.3691.165
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)
No202320232023183183183
Prob >χ20.00000.00000.00000.00000.00000.0000
All Ohio countiesOhio border counties only
LnTotEmpLnWagesLnEstabLnTotEmpLnWagesLnEstab
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−0.0010.0540.0030.0010.0660.039
(0.781)(0.000)(0.261)(0.962)(0.002)(0.001)
BorderBan−0.014−0.0030.015
(0.383)(0.886)(0.127)
LnUnEmpRate−0.087−0.1270.009−0.091−0.1030.027
(0.000)(0.000)(0.175)(0.012)(0.059)(0.357)
LnPopulation1.2121.4211.0812.6522.9171.890
(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)
LnPerCapInc0.2700.7610.1870.3930.8760.012
(0.000)(0.000)(0.000)(0.006)(0.000)(0.912)
No233623362336162162162
Prob >χ20.00000.00000.00000.00000.00000.0000
  • 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.