Table 6 Logit estimates of the effect of outsourcing on plant closings, 2004–2006, summary results

Expanded use of bought-in products and services, 2002–2004

Coefficient (s.e.)

−0.162

−0.206

−0.164

(0.281)

(0.357)

(0.473)

elasticity (s.e.)

−0.017

−0.029

−0.011

(0.030)

(0.051)

(0.031)

Observations

5,551

2,662

2,772

Ratio of externally sourced inputs to value added, 2002

Coefficient (s.e.)

0.0002

−0.047

0.006

(0.010)

(0.025)

(0.009)

elasticity (s.e.)

0.0004

−0.090

0.017

(0.023)

(0.048)

(0.025)

Observations

5,282

2,561

2,609

Change in the ratio of externally sourced inputs to value added, 2002–2004

Coefficient (s.e.)

−0.004

−0.007

−0.002

(0.013)

(0.016)

(0.018)

elasticity (s.e.)

0.0003

0.001

−0.0002

(0.001)

(0.002)

(0.001)

Observations

3,224

1,701

1,405