From: The regional impact of cultural diversity on wages: evidence from Australia
Explanatory variables | Australian-born sample | Migrant sample | Movers | Non-movers | ||||
---|---|---|---|---|---|---|---|---|
OLS | FE | OLS | FE | OLS | FE | OLS | FE | |
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
Diversity index | 0.650*** | 0.340* | 0.436*** | −0.318 | 0.639*** | 0.180 | 0.607*** | −0.089 |
 | (0.087) | (0.180) | (0.127) | (0.320) | (0.086) | (0.138) | (0.127) | (0.510) |
Demographic controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Human capital controls | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Time dummiesa | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Individual effects | No | Yes | No | Yes | No | Yes | No | Yes |
Observations | 16,756 | 16,410 | 3400 | 3296 | 12,284 | 12,044 | 7872 | 7662 |
Adjusted R-squared | 0.565 | 0.318 | 0.569 | 0.376 | 0.561 | 0.366 | 0.574 | 0.339 |
First stage for diversity index | Â | Â | Â | Â | Â | Â | Â | Â |
Predicted diversity index | 0.599*** | 0.260*** | 0.664*** | 0.292*** | 0.573*** | 0.338*** | 0.679*** | −0.162*** |
 | (0.018) | (0.030) | (0.038) | (0.098) | (0.020) | (0.035) | (0.027) | (0.039) |
Instrument tests | Â | Â | Â | Â | Â | Â | Â | Â |
Underidentification testb | 512.43 | 56.74 | 99.50 | 6.98 | 350.60 | 68.57 | 290.56 | 16.87 |
p value | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
Weak identification testc | 1113.17 | 75.02 | 312.33 | 8.92 | 846.59 | 95.97 | 628.93 | 17.24 |