CHAPTER 4
Table A4.4: Firm-level productivity growth, 2003-08, non-EU countries Manufacturing All controls
Ln(prod) 2003
Size (50–249)
1
Ownership + sector + baseline prod + country dummies
Sector + baseline prod + country dummies
Baseline prod + country dummies
Only country dummies (5)
(1)
(2)
(3)
(4)
–0.1397***
–0.1365***
–0.1352***
–0.1300***
(0.007)
(0.007)
(0.007)
(0.006)
0.0043 (0.016)
Size (250–499)1
0.0059 (0.025)
Size (500–999)1
0.0079 (0.045)
Size (1,000+)1
0.0486 (0.036)
Age (6–10)2
–0.0277*
Age (11–20)2
–0.0205
(0.017)
(0.017) Age (21–30)2
–0.068 (0.062)
Age (older than 30)2
–0.0708*** (0.019)
3
Global head.
Foreign aff.3
Croatia
Serbia
Ukraine
_cons
NACE dummies R-squared Number of observations
0.0810***
0.0884***
(0.027)
(0.020)
0.0337**
0.0523***
(0.014)
(0.013)
0.0857***
0.0854***
0.0897***
0.0886***
(0.030)
(0.029)
(0.029)
(0.029)
(0.028)
–0.0579**
–0.0609**
–0.0311
–0.0239
–0.0453*
(0.028)
(0.027)
(0.025)
(0.025)
(0.027)
–0.1749***
–0.2050***
–0.2036***
–0.1985***
–0.0448*
(0.028)
(0.022)
(0.022)
(0.022)
(0.025)
1.2556***
1.1993***
1.1917***
1.1720***
0.0571**
(0.055)
(0.054)
(0.054)
(0.051)
(0.024)
Yes
Yes
Yes
No
No
0.1966
0.1913
0.1881
0.1764
0.0014
3592
3592
3592
3592
3690
–0.0401
1. 10–49 is the omitted size category. 2. 1–5 is the omitted age category. 3. Domestic-owned is the omitted ownership category; Bosnia and Herzegovina is the omitted country. Significance: *** 1 percent, ** 5 percent, * 10 percent. Standard errors are clustered by country.
233