β_WTA | std.err | restriction | |
---|---|---|---|
(1) Firms with high and low shares of graduates and skilled workers | |||
(a) WTA effect on PROFITS | |||
(i) | −2.292 | 3.123 | share of graduates > =0.7 or share of skilled workers > =0.7 |
(ii) | −2.518* | 1.495 | share of graduates < 0.3 or share of skilled workers < 0.3 |
(b) WTA effect on operating surplus (OS) | |||
(i) | −0.337 | 0.629 | share of graduates > =0.7 or share of skilled workers > =0.7 |
(ii) | −0.592*** | 0.279 | share of graduates < 0.3 or share of skilled workers < 0.3 |
(2) Industries with large and small sales fluctuations measured by the variation coefficient (v) - WTA effects on OS | |||
(i) | 2.530 | 1.877 | INDUSTRY = mining and quarrying (v = 0.151) |
(ii) | 1.979 | 2.945 | INDUSTRY = manufacture of motor vehicles (v = 0.188) |
(iii) | 0.350 | 0.267 | INDUSTRY = recreational and cultural activities (v = 0.183) |
(iv) | −1.591* | 0.911 | INDUSTRY = agriculture, hunting, forestry, fishing (v = 0.102) |
(v) | −4.970 | 3.869 | INDUSTRY = architecture, engineering offices (v = 0.108) |
(vi) | −0.421 | 0.449 | INDUSTRY = education (v = 0.105) |
(3) Firms with large and small sales fluctuations measured by v - WTA effects on OS | |||
(i) | 1.340*** | 0.503 | firms with the 25% largest sales fluctuations |
(ii) | −0.145 | 0.161 | firms with the 75% smallest sales fluctuations |