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Journal for Labour Market Research

Table 12 Akaike information criteria for the different estimations

From: Diversity of experience and labor productivity in creative industries

 

Average value added

Average wages

K,L

50,799

  

− 93,790

  

Control variables

 

49,958

  

− 96,290

 

Full model 1(a)

  

49,796

   

Full model 1(b)

  

49,809

   

Full model 1(c)

  

49,824

   

Full model 3(a)

     

− 96,408

Full model 3(b)

     

− 96,733

Full model 3(c)

     

− 96,564

  1. In the first columns the AIC is calculated only when including capital and labor in the estimations. In the second columns, all control variables are included besides the variables of interest. In the last three columns, the full models are estimated. 1(a)–1(c) and 3(a)–3(c) correspond to the estimations in Table 3
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