Table 4 Results of the discrete treatment estimates on other potential outcomes

Effect at reform

−0.007

0.042

−0.097

0.067

0.293

−241.531***

−7.536***

−21.416*

−10.217

−0.156

[0.037]

[0.041]

[0.069]

[0.064]

[0.745]

[85.206]

[2.410]

[11.477]

[6.812]

[7.208]

Effect after 1 year

−0.155**

−0.087

−0.205***

−0.002

1.518**

−317.912***

−8.653***

−26.547**

−13.049

−0.283

[0.071]

[0.064]

[0.054]

[0.061]

[0.710]

[114.601]

[2.193]

[13.151]

[8.309]

[7.323]

Effect after 2 years

−0.160*

−0.046

−0.223***

0.062

−1.509

−388.949***

−9.868***

−33.167*

−15.379

−0.936

[0.095]

[0.063]

[0.082]

[0.067]

[1.092]

[141.481]

[3.258]

[17.012]

[9.636]

[7.312]

Effect after 3 years

−0.219**

−0.226***

−0.201**

−0.181***

−0.277

−457.633***

−15.786***

−37.769**

−20.002*

3.908

[0.107]

[0.060]

[0.098]

[0.066]

[0.707]

[168.137]

[5.918]

[17.116]

[11.625]

[13.100]

Effect after 4 years

−0.236***

−0.089

−0.202**

−0.041

−0.330

−522.531***

−15.312***

−49.107**

−23.642*

3.242

[0.083]

[0.056]

[0.081]

[0.089]

[0.544]

[191.699]

[5.847]

[21.646]

[13.524]

[12.941]

Effect after 5 years

−0.283***

−0.178*

−0.245**

−0.131

−1.632***

−579.402***

−15.714***

−44.176**

−20.927

2.799

[0.089]

[0.097]

[0.097]

[0.114]

[0.597]

[210.651]

[5.433]

[19.262]

[18.059]

[13.114]

Constant

10.513***

8.064***

10.197***

7.936***

103.690***

10,894.525***

214.487***

496.861***

116.133***

188.639***

[0.017]

[0.009]

[0.408]

[0.171]

[0.200]

[110.647]

[5.643]

[3.731]

[9.041]

[1.688]

Observations

10,353

10,378

10,353

10,378

10,800

10,800

10,800

10,800

10,800

9768

Number of years

13

13

13

13

13

13

13

13

13

13

R-squared

0.784

0.760

0.793

0.773

0.132

0.998

0.984

0.971

0.991

0.539

Number of municipalities

921

921

921

921

921

921

921

921

921

897

Municipality fixed effects

YES

YES

YES

YES

YES

YES

YES

YES

YES

YES

Canton by year effects

NO

NO

YES

YES

NO

NO

NO

NO

NO

No