Variables | (1) | (2) | (3) | (4) | (5) |
---|---|---|---|---|---|
RCC | 0.0886*** (0.0145) | 0.0837*** (0.0144) | 0.0762*** (0.0137) | 0.0448*** (0.0126) | 0.0144*** (0.0023) |
Control variables | YES | YES | YES | YES | YES |
City effects | YES | YES | YES | YES | YES |
Constant | 2.2880*** (0.1354) | 2.6369*** (0.1292) | 2.7581*** (0.1216) | 2.9483*** (0.1114) | 0.5211*** (0.0459) |
R-squared | 0.0418 | 0.0413 | 0.0410 | 0.0412 | Â |
Observations | 13,134 | 13,134 | 13,134 | 13,134 | 12,141 |