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Table 3 Period analysis

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

Variables (1) (2) (3) (4) (5)
Whole Early Early and middle Middle Late
ltrip ltrip ltrip ltrip ltrip
Lcond 0.615** 1.002*** 0.353 −0.322 1.863
(0.245) (0.168) (0.236) (0.319) (2.078)
Geomortrate −0.0192 0.0489 0.0531 0.0330 0.0190
(0.0149) (0.0528) (0.0483) (0.0789) (0.0182)
Lex −0.0230 −0.0420 −0.232 0.165 −0.117
(0.123) (0.0879) (0.156) (0.272) (0.255)
Middle −0.175***   −0.154***   
(0.0461)   (0.0350)   
Late −0.413***     
(0.0579)     
L.ar 0.682*** 0.0353 0.582*** 0.501*** 0.877***
(0.0521) (0.126) (0.0603) (0.104) (0.0806)
Constant 5.684*** 3.701*** 6.460*** 10.68*** −1.443
(1.070) (0.676) (0.932) (1.239) (10.88)
Sigma 0.0669*** 0.0502*** 0.0641*** 0.0638*** 0.0653***
(0.00361) (0.00493) (0.00372) (0.00525) (0.00776)
Observations 216 80 156 76 60
  1. Standard errors in parentheses
  2. Source: Banco de México, INEG, Philadelphia FRB
  3. *** p < 0.01; ** p < 0.05; * p < 0.1