Goldin & Homonoff - DataSpace at Princeton University
Goldin & Homonoff - DataSpace at Princeton University
Goldin & Homonoff - DataSpace at Princeton University
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Table XIII: St<strong>at</strong>e Trends<br />
Extensive Margin Intensive Margin<br />
(1) (2)<br />
Excise Tax -0.005 -4.344 ∗<br />
(0.035) (2.290)<br />
Sales Tax 0.062 4.335<br />
(0.192) (9.842)<br />
Excise*Low-income 0.045 -0.253<br />
(0.064) (2.532)<br />
Sales*Low-income -0.347 -16.938 ∗∗<br />
(0.219) (7.920)<br />
F-st<strong>at</strong> 3.12 4.72<br />
prob>F 0.09 0.04<br />
N 934,106 198,914<br />
Standard errors clustered <strong>at</strong> the st<strong>at</strong>e level in parentheses.<br />
All specific<strong>at</strong>ions include individual demographic characteristics,<br />
economic conditions, income trend, and st<strong>at</strong>e, year, and calendar<br />
month fixed effects.<br />
The F-st<strong>at</strong> is associ<strong>at</strong>ed with the test for equality between the<br />
excise*low-income and sales*low-income interaction coefficients.<br />
∗ p < 0.10, ∗∗ p < 0.05, ∗∗∗ p < 0.01<br />
51
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