Variable | Coefficient (s.e.) | Elasticities (s.e.) |
---|---|---|
Sales per employee | −0.0001 (0.0003)* | −0.072 (0.044) |
Export share | 0.007 (0.002)*** | 0.047 (0.016)*** |
Increasing sales expected | 0.278 (0.110)** | 0.048 (0.018)*** |
Investments in ICT | 0.369 (0.127)*** | 0.165 (0.057)*** |
Investments in production facilities | 0.139 (0129) | 0.061 (0.056) |
State-of-the-art technology | −0.114 (0.106) | −0.069 (0.065) |
Number of employees | 0.075 (0.068) | 0.237 (0.166) |
Wages per employee | 0.080 (0.068) | 0.133 (0.111) |
Share of high-skilled workers | 0.251 (0.219) | 0.145 (0.126) |
Separation rate | 0.653 (0.372)* | 0.033 (0.019)* |
Share of fixed-term workers | −0.041 (0.490) | −0.001 (0.016) |
Works council | 0.231 (0.145) | 0.061 (0.038) |
Collective agreement | −0.072 (0.116) | −0.033 (0.053) |
Western Germany | 0.315 (0.127)** | 0.163 (0.065)** |
Establishment founded before 1990 | 0.103 (0.118) | 0.055 (0.063) |
Single-establishment firm (without subsidiaries) | −0.280 (0.117)** | −0.190 (0.080) |
Legal form (omitted category: sole trader) | ||
Partnership | 0.223 (0.225) | 0.019 (0.018) |
Limited liability corporation | 0.301 (0.174)* | 0.161 (0.092)* |
Company limited by shares | 0.036 (0.274) | 0.001 (0.010) |
Public corporation | −0.446 (1.116) | −0.002 (0.004) |
Other legal form | −0.391 (0.523) | −0.006 (0.008) |
Log likelihood | −1526.244 | |
LR Chi-square (d.f.) | 340.57*** | |
Pseudo R 2 | 0.1077 | |
N | 4504 |