This table presents four estimations, using a panel of 1100 observed reactor.years across 58 reactors and 19 years In specifications (1) and (2), AGE is interacted with capacity group dummies. Specification (1) includes site fixed effects and year dummies. Specification (2) includes capacity group and time dummies, to measure the biases associated with the omission of cohort controls. Specifications (3) and (4) are respectively identical to (1) and (2), but allow for nonlinear treatment effects, Standard errors are clustered at the site level. Intercepts are omitted. Significance: ***1%; **5%; *10%, 1997. ,
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