{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{6}{c}}
\toprule
                    &\multicolumn{6}{c}{\specialcell{Dependent Variable: Growth in Real, Per Capita Costs Paid By:}}                                    \\
                    &\specialcell{Total}         &\specialcell{Personal}         &\specialcell{Medicare}         &\specialcell{Medicaid}         &\specialcell{Private \\ Insurance}         &\specialcell{Out of \\ Pocket \\ Spending}         \\
\midrule
\addlinespace \multicolumn{7}{p{\linewidth}}{\emph{Panel A: No Lags}}                                                                                               \\
\multirow{2}{5cm}{\hangindent=1.75emReal, Per Capita GDP Growth (Current Period)\\}&       0.165         &      0.0625         &      -0.217         &      -0.370         &       0.512\sym{**} &       0.508\sym{***}\\
                    &     (0.105)         &    (0.0939)         &     (0.256)         &     (0.433)         &     (0.233)         &     (0.168)         \\
                    
R2 (Model 1)        &       0.044         &       0.007         &       0.017         &       0.022         &       0.089         &       0.164         \\
\midrule
\addlinespace \multicolumn{7}{p{\linewidth}}{\emph{Panel B: With 3 Lags}}                                                                                           \\

\specialcell{\hangindent=1.75em Sum of Current and Lagged Real \\ Per Capita GDP Growth}&       0.553\sym{**}         &       0.544\sym{***}         &      -0.463         &       0.313         &       0.980\sym{*}         &       0.962\sym{**}         \\
Wald F Statistic    &        6.77         &        8.81         &        .998         &        .323         &         3.7         &        7.33         \\
P-Value             &       0.013         &       0.005         &       0.324         &       0.573         &       0.062         &       0.010         \\
R2                  &       0.189         &       0.170         &       0.025         &       0.105         &       0.190         &       0.229         \\

\midrule
\addlinespace \multicolumn{7}{p{\linewidth}}{\emph{Panel C: With 5 Lags}}                                                                                           \\


\specialcell{\hangindent=1.75em Sum of Current and Lagged Real \\ Per Capita GDP Growth}&       1.398\sym{***}         &       1.187\sym{***}         &      -0.820         &       2.179\sym{**}         &       3.076\sym{***}         &       1.589\sym{***}         \\
Wald F Statistic    &        54.4         &        41.4         &        1.06         &        6.35         &        58.4         &          15         \\
P-Value             &       0.000         &       0.000         &       0.311         &       0.016         &       0.000         &       0.000         \\
R2                  &       0.561         &       0.437         &       0.040         &       0.244         &       0.570         &       0.338         \\

\midrule

First Year          &        1970         &        1970         &        1970         &        1970         &        1970         &        1970         \\
Last Year           &        2012         &        2012         &        2011         &        2011         &        2011         &        2011         \\
N                   &          43         &          43         &          42         &          42         &          42         &          42         \\
\bottomrule
\multicolumn{7}{p{\linewidth}}{\footnotesize \(\sym{*}\) \(p<.10\), \(\sym{**}\) \(p<.05\), \(\sym{***}\) \(p<.01\)}\\
\multicolumn{7}{p{\linewidth}}{\footnotesize Standard errors in parenthesis. Results are from OLS regressions with robust standard errors.                         F statistics are against the null that the current and all lagged coefficients are all equal to zero.}\\
\end{tabular}
}
