From: Institutional barriers and job creation in Central and Eastern Europe
Variables | 10th-percentile | 1st quartile | Median | 3rd quartile | 90th-percentile |
---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
Firm characteristics | |||||
Initial size | −0.129*** | −0.051*** | −0.028*** | −0.088*** | −0.099*** |
(0.008) | (0.003) | (0.007) | (0.004) | (0.004) | |
Age | −0.076*** | −0.034*** | −0.040*** | −0.101*** | −0.109*** |
(0.007) | (0.003) | (0.008) | (0.005) | (0.005) | |
Initial size × age | 0.027*** | 0.006*** | 0.004 | 0.019*** | 0.019*** |
(0.003) | (0.001) | (0.002) | (0.002) | (0.001) | |
TFP | 0.011*** | 0.007*** | 0.008*** | 0.018*** | 0.023*** |
(0.002) | (0.001) | (0.001) | (0.002) | (0.002) | |
Foreign owner | 0.024*** | 0.028*** | 0.021*** | 0.036*** | 0.045*** |
(0.008) | (0.004) | (0.003) | (0.005) | (0.008) | |
Industry characteristics | |||||
Agriculture | 0.049** | 0.029** | 0.036**** | 0.032* | −0.026 |
(0.022) | (0.017) | (0.013) | (0.018) | (0.038) | |
Construction | 0.043*** | 0.026** | 0.043*** | 0.067*** | 0.058 |
(0.016) | (0.012) | (0.007) | (0.014) | (0.036) | |
Manufacturing | 0.045*** | 0.025** | 0.029*** | 0.041*** | 0.008 |
(0.015) | (0.012) | (0.007) | (0.013) | (0.035) | |
Wholesale | 0.018 | 0.008 | 0.014** | 0.017 | −0.016 |
(0.015) | (0.012) | (0.006) | (0.013) | (0.035) | |
Transport | 0.015 | 0.008 | 0.018*** | 0.028** | −0.002 |
(0.017) | (0.011) | (0.006) | (0.013) | (0.036) | |
Overall inst. | 0.014 | −0.003 | −0.010** | −0.021*** | −0.030*** |
(0.012) | (0.006) | (0.004) | (0.006) | (0.009) | |
Fixed effects | |||||
Country | 91.90*** | 107.61*** | 23.47*** | 49.35*** | 40.83*** |
Pseudo R2 | 0.098 | 0.079 | 0.009 | 0.096 | 0.137 |
Observations | 34,068 | 34,068 | 34,068 | 34,068 | 34,068 |