| . | Pooled OLS . | Random Effects . | ||||
|---|---|---|---|---|---|---|
| . | Lagged . | Contemporaneous . | Lagged . | Contemporaneous . | ||
| Slope coefficient . | . | . | . | . | ||
| variable, indicator . | 2001–2004 . | 2001–2004 . | 2000–2004 . | 2001–2004 . | 2001–2004 . | 2000–2004 . |
| 0.0242*** | 0.0329*** | 0.0338*** | 0.0183*** | 0.0360*** | 0.0367*** | |
| 0.1071*** | 0.1178*** | 0.1187*** | 0.1032*** | 0.1229*** | 0.1264*** | |
| 0.0074*** | 0.0070*** | 0.0082*** | 0.0037*** | 0.0061*** | 0.0074*** | |
| 0.0064*** | 0.0072*** | 0.0060*** | 0.0042*** | 0.0064*** | 0.0049*** | |
| 0.0011*** | 0.0011*** | 0.0005*** | 0.0006*** | 0.0007*** | 0.0001 | |
| –0.0039*** | –0.0035*** | –0.0036*** | –0.0032*** | –0.0026*** | –0.0025*** | |
| 0.0890*** | 0.0809*** | 0.0913*** | 0.0749*** | 0.0525*** | 0.0658*** | |
| R2 | 0.5591 | 0.5735 | 0.5638 | 0.5454 | 0.5683 | 0.5579 |
| Observations | 21,671 | 26,855 | 34,491 | 21,671 | 26,855 | 34,491 |
| Breusch-Pagan Test | – | – | – | 8,254*** | 10,202*** | 14,135*** |
| . | Pooled OLS . | Random Effects . | ||||
|---|---|---|---|---|---|---|
| . | Lagged . | Contemporaneous . | Lagged . | Contemporaneous . | ||
| Slope coefficient . | . | . | . | . | ||
| variable, indicator . | 2001–2004 . | 2001–2004 . | 2000–2004 . | 2001–2004 . | 2001–2004 . | 2000–2004 . |
| 0.0242*** | 0.0329*** | 0.0338*** | 0.0183*** | 0.0360*** | 0.0367*** | |
| 0.1071*** | 0.1178*** | 0.1187*** | 0.1032*** | 0.1229*** | 0.1264*** | |
| 0.0074*** | 0.0070*** | 0.0082*** | 0.0037*** | 0.0061*** | 0.0074*** | |
| 0.0064*** | 0.0072*** | 0.0060*** | 0.0042*** | 0.0064*** | 0.0049*** | |
| 0.0011*** | 0.0011*** | 0.0005*** | 0.0006*** | 0.0007*** | 0.0001 | |
| –0.0039*** | –0.0035*** | –0.0036*** | –0.0032*** | –0.0026*** | –0.0025*** | |
| 0.0890*** | 0.0809*** | 0.0913*** | 0.0749*** | 0.0525*** | 0.0658*** | |
| R2 | 0.5591 | 0.5735 | 0.5638 | 0.5454 | 0.5683 | 0.5579 |
| Observations | 21,671 | 26,855 | 34,491 | 21,671 | 26,855 | 34,491 |
| Breusch-Pagan Test | – | – | – | 8,254*** | 10,202*** | 14,135*** |
*** = significant at the 1% level, ** = significant at the 5% level, * = significant at the 10% level.
LKE = capital intensity, LO = output scale, SH = highly paid share of paid workers, S3 = highly educated share of all workers, S2 = moderately educated share of all workers, SF = female share of paid workers, DF = MNE–local differential (ratio less 1).
Note: Robust standard errors (clustered by plant for random effects) are used to account for potential heteroskedasticity. Results of the Breusch-Pagan Test (null of no random effects) is always rejected at the 1% level. These results come from estimates that also include year, industry, and region dummies. Full results including constants and coefficients on year, industry, and region dummies are available from the author.
Source: Author's estimates from microdata underlying Department of Statistics (2002, various years).