From: Foreign ownership and its effects on employment and wages: the case of Sweden
Partial model | Full model | |||
---|---|---|---|---|
Estimate | Standard error | Estimate | Standard error | |
Wage | −0.3592*** | 0.0731 | −0.3009*** | 0.0724 |
Capital | 0.2956*** | 0.0136 | 0.2807*** | 0.0130 |
Producer price index | 0.2277*** | 0.0806 | 0.1800*** | 0.0797 |
Openness | −0.1217*** | 0.0495 | −0.1064*** | 0.0401 |
Union density | 0.8677 | 0.5560 | 0.7273* | 0.3658 |
Foreign ownership | 0.1735 | 0.2542 | – | – |
Austria and Switzerland | 0.1444 | 0.1162 | ||
Belgium and Netherlands | 0.1797 | 0.0970 | ||
Denmark | 0.1307 | 0.1372 | ||
UK and Ireland | −0.2233*** | 0.0859 | ||
Finland | −0.1049 | 0.0820 | ||
France | 0.0543 | 0.0987 | ||
Germany | 0.0130 | 0.0773 | ||
Italy | −0.2355 | 0.1939 | ||
Norway | −0.0741 | 0.1194 | ||
US and Canada | 0.0502 | 0.0708 | ||
Time | 2.16 × 10−3 | 2.25 × 10−3 | 0.0010 | 0.0022 |
Constant | −4.9627 | 4.4617 | −0.6338*** | 0.0818 |
Mean Φ 2 | 0.6036*** | 0.083a | 0.6424*** | 0.0702a |
R-squared | 0.3216 | 0.3331 | ||
Durbin-Watson | 0.4385 | 0.7626 | ||
F test | 7.5218 |