Table 3 Regressions results for full time equivalent employees 2005-2012
From: Do wages reflect labor productivity? The case of Belgian regions
| Â | OLS | OLS(re) | SUR | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Â | (a) | (b) | (c) | (d) | (e) | (f) | (g) | (h) | (i) |
VARIABLES | LogW | LogLP | LogGAP | LogW | LogLP | LogGAP | LogW | LogLP | LogGAP |
Bx | −0.0521*** | −0.172*** | −0.117*** | −0.0518*** | −0.168*** | −0.117*** | −0.0518*** | −0.168*** | −0.117*** |
(0.00381) | (0.00499) | (0.00416) | (0.00381) | (0.00500) | (0.00416) | (0.00262) | (0.00305) | (0.00231) | |
Wa | −0.145*** | −0.189*** | −0.0431*** | −0.145*** | −0.188*** | −0.0431*** | −0.145*** | −0.188*** | −0.0431*** |
(0.00253) | (0.00330) | (0.00288) | (0.00253) | (0.00330) | (0.00288) | (0.00165) | (0.00238) | (0.00216) | |
Logage | 0.0399*** | 0.0453*** | 0.00509*** | 0.0396*** | 0.0447*** | 0.00509*** | 0.0396*** | 0.0447*** | 0.00509*** |
(0.00112) | (0.00148) | (0.00131) | (0.00112) | (0.00148) | (0.00131) | (0.000943) | (0.00128) | (0.00120) | |
Size2 | 0.208*** | −0.0692*** | −0.278*** | 0.208*** | −0.0702*** | −0.278*** | 0.208*** | −0.0702*** | −0.278*** |
(0.00245) | (0.00351) | (0.00283) | (0.00245) | (0.00351) | (0.00283) | (0.00162) | (0.00235) | (0.00197) | |
Size3 | 0.305*** | −0.0182** | −0.323*** | 0.305*** | −0.0177** | −0.323*** | 0.305*** | −0.0177*** | −0.323*** |
(0.00482) | (0.00708) | (0.00521) | (0.00480) | (0.00706) | (0.00521) | (0.00308) | (0.00391) | (0.00346) | |
Size4 | 0.369*** | 0.0124 | −0.352*** | 0.370*** | 0.0182 | −0.352*** | 0.370*** | 0.0182 | −0.352*** |
(0.0111) | (0.0177) | (0.0122) | (0.0109) | (0.0172) | (0.0122) | (0.00809) | (0.0116) | (0.00858) | |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Obs | 410702 | 414670 | 410324 | 410324 | 410324 | 410324 | 410324 | 410324 | 410324 |
EL(Bx) | −0.051 | −0.158 | −0.110 | −0.050 | −0.155 | −0.110 | −0.050 | −0.155 | −0.110 |
EL(Wa) | −0.135 | −0.173 | −0.042 | −0.135 | −0.171 | −0.042 | −0.135 | −0.171 | −0.042 |