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Hours worked and total income
| Dependent variable: | hours worked | income | ||
|---|---|---|---|---|
| Regression specification: | flow | stock | flow | stock |
| CTP zone (post 15.4.2006) | 0.043 (0.088) | 0.070 (0.074) | 0.031 (0.071) | 0.154 (0.099) |
| CTP × permanent job | −0.092 (0.084) | −0.042 (0.107) | −0.087 (0.108) | −0.156 (0.184) |
| CTP × new firm | −0.432** (0.241) | −0.116 (0.426) | −0.469** (0.233) | −0.169 (0.399) |
| CTP × firm below 1000 | −0.016 (0.132) | −0.02 (0.085) | 0.014 (0.128) | −0.093 (0.077) |
| CTP × firm below 1000 × permanent job | 0.063 (0.147) | −0.018 (0.119) | −0.003 (0.144) | 0.072 (0.137) |
| CTP × new firm × permanent job | 0.636*** (0.269) | 0.045 (0.337) | 0.591** (0.281) | 0.176 (0.296) |
| CTP × previously held permanent job in CTP | 0.509* (0.349) | −0.018 (0.386) | 0.537* (0.387) | 0.011 (0.385) |
| Previously held permanent job in CTP | −0.502* (0.358) | 0.178 (0.386) | −0.557 (0.401) | 0.176 (0.389) |
| CTP × previously held permanent job × holds permanent job | 0.142** (0.073) | −0.033 (0.086) | 0.178 (0.081) | 0.089 (0.103) |
| CTP × previously held permanent job in CTP × holds permanent job | −0.908** (0.436) | 0.096 (0.407) | −1.075* (0.555) | −0.029 (0.415) |
| Previously held permanent job in CTP × holds permanent job | 0.866** (0.476) | −0.109 (0.393) | 1.006* (0.599) | −0.0454 (0.398) |
| average sample size (per pair) | 114156 | 163325 | 114212 | 165508 |
| R2 | 0.37 | 0.37 | 0.39 | 0.40 |
Impact on hourly Wages
| Dependent variable: log hourly wage | ||||||||
|---|---|---|---|---|---|---|---|---|
| Regression specification: | (1) flow | (2) stock | (3) flow | (4) stock | (5) flow | (6) stock | (7) flow | (8) stock |
| CTP zone (post 15.4.2006) | 0.003 (0.01) | 0.056 (0.036) | −0.014 (0.026) | 0.015 (0.033) | −0.015 (0.021) | 0.014 (0.032) | −0.014 (0.027) | 0.015 (0.025) |
| CTP × permanent job | −0.039 (0.03) | 0.074* (0.042) | 0.008 (0.043) | −0.048 (0.04) | 0.004 (0.040) | −0.049 (0.038) | 0.0004 (0.043) | −0.05 (0.035) |
| CTP × firm below 1000 | 0.03 (0.028) | 0.006 (0.022) | 0.031 (0.022) | 0.006 (0.022) | 0.03 (0.026) | 0.006 (0.018) | ||
| CTP × firm below 1000 × permanent job | −0.067* (0.039) | 0.013 (0.029) | −0.065* (0.036) | 0.013 (0.024) | −0.064* (0.037) | 0.013 (0.032) | ||
| CTP × previously held permanent job | 0.0279* (0.0144) | 0.059*** (0.022) | 0.012 (0.014) | 0.0026 (0.031) | ||||
| CTP × previously held permanent job × holds permanent job | 0.04* (0.023) | 0.075*** (0.029) | ||||||
| CTP × previously held permanent job in CTP × permanent job | −0.164 (0.123) | −0.132 (0.081) | ||||||
| average sample size (per pair) | 113938 | 162996 | 113938 | 162996 | 113938 | 162996 | 113938 | 162996 |
| R2 | 0.41 | 0.49 | 0.42 | 0.49 | 0.42 | 0.49 | 0.42 | 0.50 |
j_izajolp-2023-0003_tab_005
| Revenue Treatment | Revenue Control | |
|---|---|---|
| 2005 | 1 | 1 |
| 2006 | 0.972 | 1.009 |
| 2007 | 0.997 | 1.067 |
Impact on Duration
| Dependent variable: log of duration | ||||||||
|---|---|---|---|---|---|---|---|---|
| Regression specification: | (1) flow | (2) stock | (3) flow | (4) stock | (5) flow (alt. contr.) | (6) stock (alt.contr) | (7) flow | (8) stock |
| CTP zone (after 15.4.2006) | 0.067 (0.06) | 0.105 (0.107) | 0.063 (0.087) | 0.057 (0.087) | 0.053 (0.080) | 0.059 (0.108) | 0.054 (0.101) | 0.062 (0.127) |
| CTP × permanent job | −0.080 (0.074) | −0.131 (0.13) | −0.027 (0.117) | −0.012 (0.117) | −0.049 (0.106) | −0.009 (0.159) | −0.244** (0.116) | −0.013 (0.161) |
| CTP × new firm | −0.509*** (0.186) | 0.002 (0.186) | −0.506*** (0.175) | −0.009 (0.367) | −0.506*** (0.179) | −0.013 (0.337) | ||
| CTP × firm below 1000 | 0.064 (0.148) | 0.057 (0.148) | 0.066 (0.141) | 0.055 (0.133) | 0.066 (0.137) | 0.053 (0.126) | ||
| CTP × firm below 1000 × permanent job | −0.115 (0.196) | −0.129 (0.196) | −0.113 (0.176) | −0.126 (0.184) | −0.112 (0.159) | −0.125 (0.159) | ||
| CTP × new firm × permanent job | 0.578* (0.319) | −0.074 (0.319) | 0.548* (0.305) | −0.055 (0.361) | 0.544* (0.308) | −0.052 (0.333) | ||
| Previously held permanent job in CTP × currently holds permanent job | 0.046 (0.307) | 0.172 (0.339) | ||||||
| average sample size (per pair) | 114187 | 163508 | 114187 | 163508 | 114187 | 163508 | 114187 | 163508 |
| R2 | 0.24 | 0.29 | 0.24 | 0.29 | 0.24 | 0.30 | 0.25 | 0.31 |
CTP versus control zones, pre-policy characteristics
| CTP Zones | Control Zones | France (-CTP Zones) | |
|---|---|---|---|
| Stock of Permanent Workers | 67.1% (4.64) | 66.9% (1.39) | 65.1% (5.87) |
| Manufacturing Share | 20.8% (11.2) | 20.0% (11.5) | 19.6% (9.1) |
| Services Share | 71.9% (11.35) | 79.0% (11.5) | 78.1% (9.6) |
| Unemployment | 9.3% (5.4) | 10.4% (4.5) | 8.0% (6.3) |
| Change in Unemployment since 04 | −0.66% (0.544) | −0.04% (0.35) | −0.30% (6.3) |
| Permanent Share Predicted by Productivity Proxy | 57.2% (1.7) | 57.4% (1.2) | 57.0% (2.6) |
| Participation Rate | 70.7% (4.7) | 70.6% (4.4) | 71.4% (2.8) |
| Proportion of Unqualified Workers | 17.7% (4.38) | 14.8% (3.8) | 14.6% (3.9) |
| Average Age of Workers | 39.2 (0.7) | 38.6 (0.3) | 39.5 (0.8) |
| Average hourly Wages in 05 (Euro) | 14.22 (0.81) | 14.01 (0.73) | 14.55 (2.78) |
| Average Gross Income in 05 (Euro) | 14258.76 (1207) | 14023.09 (743) | 13732 (1976) |
| Non-Residents in Workforce | 48.8% (18.0) | 52.6% (8.95) | 70.5% (27.2) |
| Locals with Local Job | 79.5% (9.6) | 78.1% (4.65) | 67.8% (19.6) |
Hazard Rates
| Hazard rate (Cox-model) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Regression specification: | (1) flow | (2) stock | (3) flow | (4) stock | (5) flow | (6) stock | (7) flow | (8) stock |
| CTP zone (post 15.4.2006) | −0.100 (0.142) | 0.018 (0.091) | 0.011 (0.243) | 0.218 (0.316) | 0.0148 (0.24) | 0.243 (0.252) | 0.007 (0.218) | 0.236 (0.272) |
| CTP × permanent job | 0.142 (0.184) | −0.037 (0.087) | 0.039 (0.326) | −0.179 (0.251) | 0.063 (0.354) | −0.183 (0.249) | 0.073 (0.276) | −0.176 (0.218) |
| CTP × firm below 1000 | −0.168 (0.212) | −0.162 (0.338) | −0.172 (0.212) | −0.171 (0.255) | −0.172 (0.199) | −0.16 (0.295) | ||
| CTP × firm below 1000 × permanent job | −0.433* (0.223) | 0.159 (0.255) | 0.142 (0.218) | 0.166 (0.232) | 0.144 (0.193) | 0.155 (0.203) | ||
| CTP × previously held permanent job | −0.096 (0.108) | −0.157 (0.187) | –0.084 (0.113) | –0.138 (0.204) | ||||
| CTP × previously held permanent job × holds permanent job | −1.496* *(0.7) | 0.535 (1.6) | ||||||
| CTP × previously held permanent job in CTP × holds permanent job | 1.201* (0.705) | −0.442 (1.567) | ||||||
| average sample size (per pair) | 114187 | 163508 | 114187 | 163508 | 114187 | 163508 | 114187 | 163508 |
| R2 | 0.106 | 0.069 | 0.126 | 0.087 | 0.132 | 0.108 | 0.132 | 0.109 |
Various Distance Measures of CTP zones in comparison to France and the Control Group
| Distance to France | Distance to Control Group | |
|---|---|---|
| Euclidian Distance | 34.75 | 31.87 |
| Size Distance | 10.67 | 9.13 |
| Correlation | 0.95 | 0.96 |
| Correlation Transformed to Euclidian Distance | 0.2 | 0.18 |
| Squared Correlation | 0.91 | 0.93 |
| Chebychev Distance | 25.19 | 22.24 |
| Manhattan Distance | 23.46 | 19.13 |
| Shape Distance Component 1 | 3.13E-15 | 4.34E-15 |
| Shape Distance Component 2 | 32.98 | 30.15 |
| Shape Distance Component 3 | 3.29E-15 | 3.22E-15 |