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Table 2 OLS and AR(1) results

From: US–Mexico border tourism and day trips: an aberration in globalization?

Variables

(1)

(2)

(3)

(4)

(5)

(6)

OLS/NW

OLS/NW

OLS/NW

AR

AR

AR

ltrip

ltrip

ltrip

ltrip

ltrip

ltrip

Lcond

0.261

0.270

0.233

0.675**

0.720**

0.615**

(0.205)

(0.200)

(0.182)

(0.273)

(0.319)

(0.245)

Lex

−0.196**

−0.186*

−0.193**

0.00648

0.0421

−0.0230

(0.0984)

(0.0987)

(0.0814)

(0.129)

(0.132)

(0.123)

Middle

−0.127***

−0.134***

−0.128***

−0.188***

−0.204***

−0.175***

(0.0323)

(0.0297)

(0.0305)

(0.0531)

(0.0655)

(0.0461)

Late

−0.244***

−0.171***

−0.242***

−0.444***

−0.489***

−0.413***

(0.0573)

(0.0568)

(0.0437)

(0.0633)

(0.0740)

(0.0579)

Homicidestotal

−0.000383***

  

1.09e−05

  

(7.92e−05)

  

(5.81e−05)

  

Lhomicidestotal

 

−0.189***

  

0.0512**

 
 

(0.0288)

  

(0.0245)

 

Geomortrate

  

−0.119***

  

−0.0192

  

(0.0161)

  

(0.0149)

L.ar

   

0.731***

0.783***

0.682***

   

(0.0498)

(0.0464)

(0.0521)

Constant

7.079***

7.948***

7.254***

5.436***

5.039***

5.684***

(0.874)

(0.883)

(0.798)

(1.211)

(1.454)

(1.070)

Sigma

   

0.0670***

0.0666***

0.0669***

   

(0.00361)

(0.00356)

(0.00361)

Observations

216

216

216

216

216

216

  1. Standard errors in parentheses. Newey–West HAC standard errors
  2. Source: Banco de México, INEG, Philadelphia FRB
  3. *** p < 0.01; ** p < 0.05; * p < 0.1