	(1)	(2)
VARIABLES	numparties_posdir	numparties_posdir
		
pc_oil_gas	0.000789	0.00194*
	(0.00110)	(0.00113)
Constant	1.348***	0.593**
	(0.117)	(0.267)
		
Observations	220	220
R-squared	0.001	0.048
Robust standard errors in parentheses		
*** p<0.01, ** p<0.05, * p<0.1		
