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Table 4 IV Estimations with the full sample

From: The impact of cultural diversity on firm innovation: evidence from Dutch micro-data

1st stage   Share of foreign born    Share of foreign born    Share of foreign born  
   (1), (2), (3)    (4), (5), (6)    (7), (8), (9)  
Number of foreign restaurants 0.724***    0.727***    0.531***  
per 10,000 population in 1996   (0.198)    (0.198)    (0.147)  
Log of ‘allochtoon’ in 1996 0.010***    0.008***    0.002***  
   (0.001)    (0.001)    (0.001)  
2nd stage Innovative Product Process Innovative Product Process Innovative Product Process
  (1) (2) (3) (4) (5) (6) (7) (8) (9)
Diversity index - - - 0.114*** 0.107*** 0.0313 - - -
     (0.0391) (0.0368) (0.0345)    
ln(unique) - - - - - - 0.134* 0.136* 0.105
        (0.0788) (0.0763) (0.0697)
Share of foreign born −0.623** −0.545** −0.325 −0.734** −0.650** −0.360 −1.177* −1.122* −0.837
  (0.275) (0.264) (0.242) (0.308) (0.297) (0.271) (0.673) (0.654) (0.595)
Share of 2nd generation −0.172 0.113 −0.0956 −0.221 0.067 −0.108 −0.394*** −0.107 −0.240*
  (0.178) (0.168) (0.155) (0.173) (0.164) (0.150) (0.150) (0.142) (0.130)
Constant −0.160** −0.236*** −0.227*** −0.118 −0.196*** −0.215*** 0.0800 0.0082 −0.0366
  (0.0768) (0.0684) (0.0670) (0.0793) (0.0706) (0.0692) (0.167) (0.158) (0.148)
Sector FE Yes Yes Yes Yes Yes Yes Yes Yes Yes
Observations 4582 4582 4582 4582 4582 4582 4582 4582 4582
R-squared 0.312 0.274 0.188 0.311 0.272 0.187 0.302 0.260 0.172
Hansen J statistic 1.530 1.299 0.001 1.992 1.718 0.004 3.234 2.994 0.212
p-value (0.216) (0.814) (0.993) (0.158) (0.190) (0.949) (0.072) (0.084) (0.645)
  1. Notes: These estimations include all other variables in Table 3. Robust standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1.