Skip to main content

Table 4 Productivity estimations when controlling for new hires and those who have left the firm

From: Diversity of experience and labor productivity in creative industries

 

Value added – FE

Value added – OP

Wages – FE

 

1(a)

1(b)

1(c)

2(a)

2(b)

2(c)

3(a)

3(b)

3(c)

FRACT_occu

0.031***

  

0.024

  

0.004

  
 

(0.009)

  

(0.016)

  

(0.004)

  

FRACT_ind

− 0.028***

  

− 0.121***

  

− 0.044***

  
 

(0.008)

  

(0.015)

  

(0.004)

  

Occ_R

 

0.021***

  

0.050***

  

0.022***

 
  

(0.008)

  

(0.014)

  

(0.004)

 

Occ_U

 

− 0.016*

  

− 0.166***

  

− 0.019***

 
  

(0.009)

  

(0.015)

  

(0.004)

 

Ind_R

 

− 0.004

  

0.028**

  

− 0.013***

 
  

(0.008)

  

(0.014)

  

(0.004)

 

Ind_U

 

− 0.044***

  

− 0.182***

  

− 0.047***

 
  

(0.007)

  

(0.014)

  

(0.004)

 

Occ_Ind_R

  

0.019**

  

0.151***

  

0.021***

   

(0.009)

  

(0.017)

  

(0.005)

Occ_Ind_U

  

− 0.053***

  

− 0.246***

  

− 0.049***

   

(0.009)

  

(0.015)

  

(0.004)

Share hires

− 0.356***

− 0.359***

− 0.357***

− 0.576***

− 0.544***

− 0.572***

− 0.192***

− 0.189***

− 0.187***

 

(0.009)

(0.009)

(0.009)

(0.015)

(0.015)

(0.015)

(0.004)

(0.004)

(0.004)

Share left

0.017*

0.018*

0.017*

0.066***

0.054***

0.056***

0.013***

0.013***

0.012***

 

(0.010)

(0.010)

(0.010)

(0.016)

(0.016)

(0.016)

(0.004)

(0.004)

(0.004)

Observations

88,078

88,078

88,078

88,078

88,078

88,078

88,078

88,078

88,078

Plants

15,983

15,983

15,983

15,983

15,983

15,983

15,983

15,983

15,983

R-squared

0.791

0.791

0.791

   

0.898

0.898

0.898

  1. Robust standard errors in parentheses for columns 1 and 3. For the OP estimations, bootstrapped standard errors are presented with 250 replications. ***p < 0.01, **p < 0.05, * < 0.1. The constant term is not reported. Control variables and year fixed effects are included in all estimations