90 Chapter 4 Table 4.10: Disaggregated Social Spending and WE Labour Migration – ECM Δ Old Age Δ Incapacity Δ Family Δ ALMP Δ Unemployment Lagged dependent –0.09** –0.27*** –0.34*** –0.41*** –0.23*** variable (0.04) (0.02) (0.08) (0.06) (0.08) Δ WE labour 0.04 –0.02 0.03* 0.01 0.03 migration (0.04) (0.01) (0.02) (0.01) (0.03) WE labour –0.02 –0.03* 0.04*** 0.01 0.01 migrationt-1 (0.03) (0.02) (0.01) (0.01) (0.03) Δ Foreign-born –0.13*** 0.03 0.04 0.01 0.02 (0.04) (0.02) (0.03) (0.02) (0.03) Foreign-bornt-1 0.00 0.02** 0.01 0.03*** 0.01 (0.02) (0.01) (0.01) (0.01) (0.02) Δ Trade openness –0.33 0.33*** 0.43** –0.43*** –0.36 (x10–2) (0.22) (0.10) (0.21) (0.08) (0.22) Trade opennesst-1 0.02 0.07 0.16 –0.29*** –0.18 (x10–2) (0.19) (0.07) (0.15) (0.08) (0.17) Δ Capital openness 0.06 –0.04*** –0.04 –0.02** 0.04 (x10–2) (0.04) (0.02) (0.02) (0.01) (0.04) Capital opennesst-1 0.07 –0.08*** –0.03 –0.04*** 0.07 (x10–2) (0.06) (0.02) (0.04) (0.01) (0.05) Δ Left seats –0.09 0.02 –0.03 0.05 0.11* (x10–2) (0.06) (0.02) (0.05) (0.03) (0.06) Left seatst-1 –0.04 –0.02** 0.01 0.10*** 0.09*** (x10–2) (0.05) (0.02) (0.03) (0.03) (0.03) Δ Union Density 0.06*** 0.02*** –0.01 0.02 0.04** (0.02) (0.00) (0.01) (0.01) (0.01) Union densityt-1 0.00 0.03*** –0.01*** –0.00 –0.01 (0.02) (0.00) (0.00) (0.01) (0.01) Δ Deindustrialisation –0.01 0.01 –0.00 –0.01** 0.00 (0.01) (0.01) (0.01) (0.00) (0.01) Deindustrialisationt-1 0.00 0.01*** –0.03*** –0.00 –0.00 (0.01) (0.00) (0.01) (0.00) (0.01) Δ Log of GDP per –7.89*** –3.01*** –4.32*** –0.93** –2.92*** capita (0.54) (0.38) (0.61) (0.46) (0.82) Log of GDP per –0.39 –0.17 –1.14** –1.79*** –2.31*** capitat-1 (0.55) (0.39) (0.58) (0.31) (0.80) Δ Unemployment 0.02 0.01 –0.01 –0.01 0.10*** (0.02) (0.01) (0.01) (0.01) (0.02) Unemploymentt-1 –0.01 –0.02*** 0.00 –0.01** –0.01 (0.01) (0.00) (0.01) (0.00) (0.01)
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