From: Diversity of experience and labor productivity in creative industries
Variables | Measured as | Mean | SD | Min. | Max. | ||
---|---|---|---|---|---|---|---|
Outcome variables | Â | Â | Â | Â | Â | ||
Avg_Prod (000) | Value added per labor | 937.217 | 7396.918 | 0.094 | 809,103.1 | ||
Wages (00) | Average yearly wage in the plant | 3865.126 | 1366.513 | 3.667 | 25,718.73 | ||
Diversity and relatedness measures | Â | Â | Â | Â | Â | ||
FRACT_occu | 1 minus the Herfindahl index of the diversity of occupation experience | 0.641 | 0.206 | 0 | 0.959 | ||
FRACT_ind | 1 minus the Herfindahl index of the diversity of industry experience | 0.568 | 0.245 | 0 | 0.976 | ||
Occ_R | Share with related occupation experience | 0.44 | 0.231 | 0 | 1 | ||
Occ_U | Share with unrelated occupation experience | 0.313 | 0.238 | 0 | 1 | ||
Ind_R | Share with related industry experience | 0.318 | 0.229 | 0 | 1 | ||
Ind_U | Share with unrelated industry experience | 0.337 | 0.255 | 0 | 1 | ||
Occ_Ind_R | Share with related occupation and industry experience | 0.161 | 0.165 | 0 | 1 | ||
Occ_Ind_U | Share with unrelated occupation and industry experience | 0.149 | 0.177 | 0 | 1 | ||
Control variables | Â | Â | Â | Â | Â | ||
K (000) | Capital | 29,533.66 | 1,137,329 | 0 | 1.80E + 08 | ||
L | Labor–plant size | 20.859 | 57.582 | 3 | 3331 | ||
FRACT_Edu | 1- the Herfindahl index of the diversity of education tracks | 0.578 | 0.215 | 0 | 0.91 | ||
Edu | Share with at least a 3-year university degree | 0.352 | 0.296 | 0 | 1 | ||
Change_LA | Share who have worked in another labor market | 0.221 | 0.221 | 0 | 1 | ||
Age | Years of operation | 12.577 | 8.17 | 1 | 30 | ||
Multiplant | Dummy = 1 if the firm has more than 1 plants | 0.297 | 0.457 | 0 | 1 | ||
Den | Population per square kilometer | 1575.774 | 1943.169 | 0.2 | 5496.4 |