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Table 3 Difference-in-difference (DID) estimator, δ3 in the main analysis and robustness test using Year −3 as baseline

From: Impact of hospital mergers on staff job satisfaction: a quantitative study

Year, t

(1) Main analysis

(2) Robustness test

 

First to third closest PS

Fourth to sixth closest PS

Seventh to ninth closest PS

−2

0.027a

0.019

0.025

 

(0.013)

(0.013)

(0.013)

−1

0.035b

0.033b

0.042b

 

(0.012)

(0.012)

(0.012)

0

0.021

0.006

0.018

 

(0.012)

(0.013)

(0.013)

1

0.057b

0.043b

0.051b

 

(0.015)

(0.015

(0.016)

2

0.003

0.014

0.002

 

(0.025)

(0.022)

(0.028)

3

0.031

0.037

0.049

 

(0.027)

(0.029)

(0.026)

4

−0.019

−0.030

−0.017

 

(0.036)

(0.038)

(0.037)

  1. Note: cluster robust standard errors in parentheses. Baseline: 3 years before merger approval by the regulator.
  2. a P < 0.05; b P < 0.01.
  3. PS, propensity score.