Table 6 Fiscal effect.
(1) | (2) | (3) | |
|---|---|---|---|
FIS | GIP | GUP | |
ESER | 0.0120*** | 0.0285* | 0.0672*** |
(0.0027) | (0.0169) | (0.0150) | |
FIS | 3.0443*** | 2.8045*** | |
(0.1034) | (0.0919) | ||
Control variables | √ | √ | √ |
City fixed effects | √ | √ | √ |
Year fixed effects | √ | √ | √ |
N | 3920 | 3920 | 3920 |
R2 | 0.2554 | 0.6600 | 0.7427 |