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Table 6 Regression results when only firms that are at least 5 years old are included

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

0.069***

  

0.051**

  

0.026***

  
 

(0.010)

  

(0.020)

  

(0.005)

  

FRACT_ind

0.010

  

− 0.107***

  

− 0.022***

  
 

(0.009)

  

(0.017)

  

(0.004)

  

Occ_R

 

0.041***

  

0.081***

  

0.031***

 
  

(0.009)

  

(0.018)

  

(0.005)

 

Occ_U

 

− 0.001

  

− 0.174***

  

− 0.010*

 
  

(0.011)

  

(0.019)

  

(0.005)

 

Ind_R

 

0.025***

  

0.041**

  

0.002

 
  

(0.009)

  

(0.018)

  

(0.004)

 

Ind_U

 

− 0.014

  

− 0.178***

  

− 0.031***

 
  

(0.009)

  

(0.016)

  

(0.004)

 

Occ_Ind_R

  

0.042***

  

0.191***

  

0.031***

   

(0.011)

  

(0.021)

  

(0.005)

Occ_Ind_U

  

− 0.040***

  

− 0.267***

  

− 0.039***

   

(0.012)

  

(0.019)

  

(0.005)

Observations

65,424

65,424

65,424

65,424

65,424

65,424

65,424

65,424

65,424

Plants

12,020

12,020

12,020

12,020

12,020

12,020

12,020

12,020

12,020

R-squared

0.780

0.780

0.780

   

0.899

0.899

0.899

  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