Table 7 Summary statistics
From: Employment adjustment in German firmsBetriebliche Beschäftigungsanpassung in Deutschland
Variables | Western Germany | Eastern Germany | ||
|---|---|---|---|---|
mean | std.dev. | mean | std.dev. | |
Turnover (log) | 15.0067 | 2.3580 | 14.1643 | 1.9656 |
Nom. wage bill per employee (log) | 7.4273 | 0.6565 | 7.1740 | 0.5757 |
Share of female employees (in percent) | 37.5478 | 28.7271 | 36.0627 | 29.8497 |
Share of qualified employees (in percent) | 71.3128 | 26.2142 | 82.9504 | 22.0685 |
Share of part-time employees (in percent) | 19.2782 | 22.7839 | 12.8306 | 20.6617 |
Share of fixed-term employees (in percent) | 3.5216 | 9.3177 | 4.5019 | 12.3852 |
Share of employees covered by social security (in percent) | 79.9109 | 22.3018 | 83.7581 | 19.2358 |
Profit situation ‡(dummy: very good/good = 1) | 0.3381 | 0.4731 | 0.3596 | 0.4799 |
Modern production technology (dummy: 1 or 2 on 5-point scale = 1) | 0.6689 | 0.4706 | 0.6730 | 0.4691 |
Works council ‡(dummy: yes = 1) | 0.3349 | 0.4720 | 0.2199 | 0.4142 |
Covered by collective agreement ‡(dummy: yes = 1) | 0.5863 | 0.4926 | 0.3863 | 0.4869 |
Firm expects turnover increase (dummy: yes = 1) | 0.2809 | 0.4494 | 0.2218 | 0.4154 |
Firm expects turnover reduction (dummy: yes = 1) | 0.2527 | 0.4346 | 0.2736 | 0.4458 |
Employment adjustment (dummy: yes = 1) | 0.6632 | 0.4726 | 0.6389 | 0.4803 |