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Table 2 Synthetic control estimates of the effect of recreational cannabis legalization on broadly-defined labor market outcomes

From: Watching the grass grow: does recreational cannabis legalization affect retail and agricultural wages?

 

Log number establishments

Log number of employees

Log total quarterly wages

Log weekly wage

Colorado

Broadly-defined Agriculture

RCL

0.008*

0.108**

0.064**

0.007

P value

[0.091]

[0.030]

[0.029]

[0.242]

Broadly-defined Retail

RCL

− 0.044

0.035**

0.055**

0.015*

P value

[0.576]

[0.030]

[0.030]

[0.061]

Washington

Broadly-defined Agriculture

RCL

− 0.021

0.312

0.369

-0.154

P value

[0.091]

[0.333]

[0.242]

[0.667]

Broadly-defined Retail

RCL

0.013

0.112

0.147*

0.014

P value

[0.121]

[0.121]

[0.061]

[0.333]

  1. Notes: This table reports difference-in-difference estimates of the effect of recreational cannabis legalization (RCL) on labor market outcomes using synthetic controls for the treated units. Broadly-defined Agriculture is the “Agriculture, Forestry, Fishing, and Hunting” (NAICS 11) industry. Broadly-defined Retail is the combination of “NAICS 446 Health and personal care stores,” “NAICS 452 General merchandise stores,” and “NAICS 453 Miscellaneous store retailers.” P values are calculated via a placebo test. Stars indicate standard significance levels: ∗10%, ∗∗5%, ∗∗∗1%
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Journal of Cannabis Research

ISSN: 2522-5782