Table 2. Expected effects in the empirical model
Variable |
Expected effect |
Number of bosses |
>0 |
Average boss salary |
> 0 |
Retail sales |
< 0 |
Students |
< 0 |
Physicians per capita |
≤ 0 |
New housing |
≤ 0 |
Investment |
(0, 1) |
Labor force, net effect |
0 |
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