MARKET STRUCTURE AND ENTRY: WHERE'S THE BEEF? - CEPR
MARKET STRUCTURE AND ENTRY: WHERE'S THE BEEF? - CEPR
MARKET STRUCTURE AND ENTRY: WHERE'S THE BEEF? - CEPR
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Variable<br />
Table IV<br />
Reduced Form Estimations<br />
BK Results MCD Results<br />
(1) (2) (3) (4)<br />
Probit LPM Probit LPM<br />
Constant -2.0719 - -1.3434 -<br />
(1.3640)<br />
(1.0710)<br />
AREA 0.0905 - -0.1592 -<br />
(0.2037)<br />
(0.2185)<br />
POPAR -0.4047 -0.0237 0.0499 -0.0057<br />
(0.2144) (0.0105) (0.1955) (0.0116)<br />
POP 0.5577 0.0815 0.0602 0.0350<br />
(0.1158) (0.0083) (0.0827) (0.0091)<br />
CTAX 1.2167 0.0880 -0.5926 -0.0815<br />
(0.7786) (0.0677) (0.5883) (0.0743)<br />
UE -0.7522 0.1031 0.2498 -0.2951<br />
(2.7984) (0.2693) (2.4173) (0.2943)<br />
YOUTH -6.2457 -1.0388 1.4773 0.6735<br />
(5.4948) (0.5822) (.4.7195) (0.6384)<br />
PENSION -4.6372 -0.4931 -2.5559 -0.0422<br />
(2.4640) (0.2063) (1.9095) (0.2258)<br />
WAGE 7.7732 -0.2144 -2.8190 -0.1353<br />
(5.3838) (0.3177) (4.1692) (0.3470)<br />
LONDON 0.1209 - -0.3051 -<br />
(0.2707)<br />
(0.2208)<br />
RIVALNB -0.0952 -0.0103 -0.0177 -0.0043<br />
(0.0204)<br />
OWNNB 0.1672<br />
(0.0326)<br />
(0.0015)<br />
0.0236<br />
(0.0285)<br />
39<br />
(0.0220)<br />
0.0127<br />
(0.0121)<br />
(0.0031)<br />
0.0006<br />
(0.0016)
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