\begin{table}[t!]
\begin{center}
\begin{threeparttable}
\begin{scriptsize}
\caption{Radical and moderate candidates: Aggregate vote shares\label{EEREV-D-21-00004_TableC12}}
\begin{tabular*}{\columnwidth}{@{\extracolsep{\stretch{1}}}l*{8}{c}@{}}
\hline
\hline
&\multicolumn{1}{c}{(1)} &\multicolumn{1}{c}{(2)}  &\multicolumn{1}{c}{(3)} &\multicolumn{1}{c}{(4)} &\multicolumn{1}{c}{(5)}  &\multicolumn{1}{c}{(6)}  &\multicolumn{1}{c}{(7)} &\multicolumn{1}{c}{(8)}\\
       &\multicolumn{3}{c}{Earlier elections} &\multicolumn{5}{c}{Later elections}\\
\cmidrule(lr){2-4} \cmidrule(lr){5-9}
\multicolumn{1}{l}{\textit{Election year}}&\multicolumn{1}{c}{1965} &\multicolumn{1}{c}{1969} &\multicolumn{1}{c}{1974} &\multicolumn{1}{c}{1995}  &\multicolumn{1}{c}{2002} &\multicolumn{1}{c}{2007} &\multicolumn{1}{c}{2012} &\multicolumn{1}{c}{2017}\\
\cmidrule(lr){2-9}
& \multicolumn{8}{c}{Panel A: 2SLS Estimates. Dep. Variable: Aggregate radical vote (\% of registered)}\\
\hline
\\ Conscription proxy (\%)&       0.280   &     --0.267   &       1.029***&       1.009***&       0.641** &     --0.041   &       0.066   &       0.229   \\
                    &     (0.233)   &     (0.175)   &     (0.264)   &     (0.360)   &     (0.297)   &     (0.218)   &     (0.353)   &     (0.204)   \\

\\ Mean dependent variable&        6.26   &        4.90   &        3.22   &       26.02   &       23.46   &       17.04   &       25.14   &        7.61   \\
\\
%\hline
\cmidrule(lr){2-9}
& \multicolumn{8}{c}{Panel B: 2SLS Estimates. Dep. Variable: Aggregate moderate vote (\% of registered)}\\
\hline
\\ Conscription proxy (\%)&     --1.295***&     --1.206*  &     --1.823***&     --0.862** &       0.119   &     --0.368   &     --0.243   &     --0.549***\\
                    &     (0.466)   &     (0.669)   &     (0.487)   &     (0.340)   &     (0.456)   &     (0.275)   &     (0.332)   &     (0.175)   \\

\\ Mean dependent variable&       78.46   &       71.47   &       79.72   &       54.19   &       48.16   &       66.23   &       55.45   &       71.75   \\
\\
%\hline
\cmidrule(lr){2-9}
& \multicolumn{8}{c}{Panel C: 2SLS Estimates. Dep. Variable: Rad - Mod difference (\% of registered)}\\
\hline
\\ Conscription proxy (\%)&       1.576** &       0.939   &       2.852***&       1.871***&       0.522   &       0.327   &       0.310   &       0.778** \\
                    &     (0.613)   &     (0.752)   &     (0.711)   &     (0.667)   &     (0.710)   &     (0.458)   &     (0.634)   &     (0.308)   \\

\\ Mean dependent variable&     --72.21   &     --66.57   &     --76.50   &     --28.16   &     --24.70   &     --49.19   &     --30.31   &     --64.14   \\
\\
Lat-lon polynomial & 2nd & 2nd & 2nd & 2nd & 2nd & 2nd & 2nd & 2nd \\ 

Border segment FE   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   \\
Historical dialect FE &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   \\
Full set of controls &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   &         Yes   \\
\hline
First-stage F-statistic&       20.04   &       21.20   &       22.63   &       23.52   &       20.85   &       28.01   &       20.51   &       20.79   \\
Observations        &         462   &         462   &         462   &         462   &         462   &         462   &         462   &         462   \\
Clusters            &          32   &          32   &          32   &          32   &          32   &          32   &          32   &          32   \\
\hline
\hline
\end{tabular*}
\end{scriptsize}
\begin{tablenotes}[normal,flushleft]
\begin{scriptsize}
\item \emph{Notes}:
2SLS estimates of the effect of conscription into the Wehrmacht on the aggregate vote share of radical and moderate candidates. 
The unit of observation is a municipality. 
Standard errors clustered at the canton level in parentheses. 
Panel A: 2SLS estimates for the aggregate radical vote share; 
Panel B: 2SLS estimates for the aggregate moderate vote share; 
Panel C: 2SLS estimates for the difference between the aggregate radical and moderate vote shares. 
Each column presents the estimation for a different election. 
All specifications include a quadratic polynomial in latitude and longitude ($ x+y+x^2+y^2+xy $). 
First-stage F-statistic is the Kleibergen-Paap rk Wald F-statistic of the first-stage estimation. 
* significant at 10\%; ** at 5\%; *** at 1\%. 
\end{scriptsize}
\end{tablenotes}
\end{threeparttable}
\end{center}
\end{table}
