IZA Journal of European Labor Studies

Table 6 Growth rates for full time equivalent employees 2005-2012

From: Do wages reflect labor productivity? The case of Belgian regions

	OLS			OLS (re)
	(a)	(b)	(c)	(d)	(e)	(f)
VARIABLES	∆LogW	∆LogLP	∆LogGAP	∆LogW	∆LogLP	∆LogGAP
Bx	0.00839***	0.0283***	0.0191***	0.00857***	0.0277***	0.0191***
Bx	(0.00195)	(0.00265)	(0.00251)	(0.00195)	(0.00265)	(0.00251)
Wa	0.00989***	0.00864***	−0.00134	0.00994***	0.00860***	−0.00134
Wa	(0.00139)	(0.00173)	(0.00162)	(0.00139)	(0.00174)	(0.00162)
Logage	−0.0106***	−0.0468***	−0.0357***	−0.0105***	−0.0462***	−0.0357***
Logage	(0.000818)	(0.00107)	(0.000980)	(0.000817)	(0.00107)	(0.000980)
Size2	0.0108***	−0.0342***	−0.0447***	0.0107***	−0.0339***	−0.0447***
Size2	(0.00110)	(0.00155)	(0.00142)	(0.00110)	(0.00156)	(0.00142)
Size3	0.0171***	−0.0289***	−0.0462***	0.0174***	−0.0288***	−0.0462***
Size3	(0.00188)	(0.00277)	(0.00248)	(0.00186)	(0.00277)	(0.00248)
Size4	0.0167***	−0.0192***	−0.0360***	0.0168***	−0.0192***	−0.0360***
Size4	(0.00267)	(0.00556)	(0.00525)	(0.00268)	(0.00557)	(0.00525)
Year FE	Yes	Yes	Yes	Yes	Yes	Yes
Industry FE	Yes	Yes	Yes	Yes	Yes	Yes
Obs	228950	231117	228692	228692	228692	228692
EL(Bx)	0.0084	0.0287	0.0193	0.0086	0.0281	0.0193
EL(Wa)	0.0099	0.0087	−0.0013	0.0100	0.0086	−0.0013

Notes:
OLS(re) is the specification where the sample is restricted to the same number of observations per each outcome variable (columns (d)-(f)).
Robust standard errors in parentheses.
***p?<?0.01, **p?<?0.05, *p?<?0.1.

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