Table 4 Linear Probability Model Estimates of Administrative Capacity and Revenue Diversion
Y=Revenue DiversionY=Revenue Protection
(1)(2)(3)(4)(5)(6)
Number of agencies0.064
(0.319)		0.075
(0.303)		−0.226***
(0.001)		−0.173**
(0.025)
Forest0.275**−0.313***
Parks0.125−0.131
Water quality−0.093−0.316
Marine−0.044−0.227
Constant1.685***1.025**1.035***−0.038−0.449−0.033
Region fixed effectsxx
Observations528528528528528528
R-squared0.0150.0730.0370.1580.2460.144

  • Note: Standard errors are clustered by state. The p-values are in parentheses. The sample includes the 48 continental states from 1927 to 1937, prior to the Pittman-Robertson Act. The region fixed effects cover six regions defined in the 1930 U.S. Census.

  • * p < 0.1

  • ↵** p < 0.05

  • ↵*** p < 0.01