In the final forecasting series, I again find no significant evidence of subsidy effect on total employment in Mississippi. The lagged employment coefficient is a highly significant in the first four regression periods at the one and ten percent level, indicating the endogeneity present from the employment of the previous year. As the other regressions have indicated, I fail to reject the null hypothesis and find insignificant evidence of change on total employment from the subsidy coefficient. Figure 4 illustrates the 95 percent confidence interval plotting the response of the subsidy coefficients. FIGURE 4: Total Employment 95% Confidence Interval Industry Estimates the initial estimates plotting the dynamic path of the impulse responses of wages and employment for a given change in subsidies were insignificant, it may be possible to find evidence of employment transfers between targeted industries. I use the same local area method to measure potential changes and again find no significant effects in health care, production, transportation, agriculture, and construction. Table A-1 lists five of the targeted industries specifically mentioned by the MDA reports.
In the final forecasting series, I again find no significant evidence of subsidy effect on total employment in Mississippi. The lagged employment coefficient is a highly significant in the first four regression periods at the one and ten percent level, indicating the endogeneity present from the employment of the previous year. As the other regressions have indicated, I fail to reject the null hypothesis and find insignificant evidence of change on total employment from the subsidy coefficient. Figure 4 illustrates the 95 percent confidence interval plotting the response of the subsidy coefficients. FIGURE 4: Total Employment 95% Confidence Interval Industry Estimates the initial estimates plotting the dynamic path of the impulse responses of wages and employment for a given change in subsidies were insignificant, it may be possible to find evidence of employment transfers between targeted industries. I use the same local area method to measure potential changes and again find no significant effects in health care, production, transportation, agriculture, and construction. Table A-1 lists five of the targeted industries specifically mentioned by the MDA reports.