Table 5 Results of the counterfactual test.
(5) | (6) | (7) | (8) | |
---|---|---|---|---|
Variable | Y | Y | Y | Y |
Post | 5.148*** | 4.024*** | 8.827*** | 7.468*** |
(5.61) | (4.47) | (8.73) | (7.34) | |
Treat | 4.278*** | 1.289 | 3.849*** | 3.494** |
(4.46) | (1.34) | (2.63) | (2.39) | |
DID | 0.718 | 1.103 | −0.100 | −1.022 |
(0.47) | (0.73) | (0.10) | (−0.61) | |
Control variable | No | Yes | No | Yes |
Observations | 5,902 | 5,902 | 8,259 | 8,259 |
R-squared | 0.014 | 0.067 | 0.018 | 0.048 |
F | 27.71 | 47.14 | 49.04 | 46.01 |