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Table 5 Results with plants when a cutoff of 10 employees is made

From: Diversity of experience and labor productivity in creative industries

 

Average value added – FE

Average value added – OP

Average Wages – FE

 

1(a)

1(b)

1(c)

2(a)

2(b)

2(c)

3(a)

3(b)

3(c)

More than 10 employees

FRACT_occu

0.063***

  

0.042

  

0.021***

  
 

(0.016)

  

(0.031)

  

(0.007)

  

FRACT_ind

− 0.019

  

− 0.263***

  

− 0.041***

  
 

(0.013)

  

(0.024)

  

(0.005)

  

Occ_R

 

0.073***

  

0.173***

  

0.052***

 
  

(0.017)

  

(0.031)

  

(0.008)

 

Occ_U

 

− 0.019

  

− 0.193***

  

− 0.036***

 
  

(0.019)

  

(0.033)

  

(0.008)

 

Ind_R

 

0.017

  

− 0.026

  

− 0.001

 
  

(0.014)

  

(0.025)

  

(0.006)

 

Ind_U

 

− 0.057***

  

− 0.410***

  

− 0.068***

 
  

(0.015)

  

(0.028)

  

(0.006)

 

Occ_Ind_R

  

0.051***

  

0.180***

  

0.050***

   

(0.018)

  

(0.033)

  

(0.008)

Occ_Ind_U

  

− 0.090***

  

− 0.582***

  

− 0.088***

   

(0.019)

  

(0.038)

  

(0.008)

Observations

31,769

31,769

31,769

31,769

31,769

31,769

31,769

31,769

31,769

Plants

7579

7579

7579

7579

7579

7579

7579

7579

7579

R-squared

0.798

0.799

0.798

   

0.914

0.915

0.914

Less than 10 employees

FRACT_occu

0.042***

  

0.019

  

0.019***

  
 

(0.014)

  

(0.023)

  

(0.007)

  

FRACT_ind

0.047***

  

− 0.167***

  

0.011*

  
 

(0.013)

  

(0.022)

  

(0.006)

  

Occ_R

 

− 0.001

  

0.016

  

0.011*

 
  

(0.011)

  

(0.019)

  

(0.006)

 

Occ_U

 

− 0.028**

  

− 0.155***

  

− 0.013**

 
  

(0.012)

  

(0.018)

  

(0.007)

 

Ind_R

 

0.036***

  

− 0.028

  

0.014**

 
  

(0.012)

  

(0.021)

  

(0.006)

 

Ind_U

 

0.006

  

− 0.192***

  

− 0.005

 
  

(0.011)

  

(0.017)

  

(0.006)

 

Occ_Ind_R

  

0.040***

  

0.085***

  

0.025***

   

(0.013)

  

(0.023)

  

(0.007)

Occ_Ind_U

  

− 0.018

  

− 0.217***

  

− 0.014**

   

(0.014)

  

(0.019)

  

(0.007)

Observations

37,430

37,430

37,430

37,430

37,430

37,430

37,430

37,430

37,430

Plants

7979

7979

7979

7979

7979

7979

7979

7979

7979

R-squared

0.797

0.797

0.797

   

0.895

0.895

0.895

  1. Robust standard errors in parentheses for columns 1 and 3. For the OP estimations, bootstrapped standard errors are presented with 250 replications. ***p < 0.01, ** p < 0.05, * < 0.1. The constant term is not reported. Control variables and year fixed effects are included in all estimations