Table 11: SECTOR SWITCHING AND EXIT DETERMINANTS - SECTOR SPECIFIC EXPLANATIONS
|
All (1) |
SW2 |
All (3) |
SW2 (EXIT) (4) | ||
|
Sector specific variables | |||||
|
SOE share of total sector (SR) |
SW2 |
-0.1116*** |
-0.3165*** |
-0.1065*** |
-0.2977*** |
|
(7.30) |
(5.70) |
(6.91) |
(5.31) | ||
|
EXIT |
-0.0397** |
-0.0338* | |||
|
(2.24) |
(1.89) | ||||
|
Multinational share of total sector (FR) |
SW2 |
0.1682*** |
0.5464*** |
0.1410*** |
0.4237*** |
|
(8.01) |
(7.38) |
(6.45) |
(5.52) | ||
|
EXIT |
0.0445* |
0.0432* | |||
|
(1.91) |
(1.82) | ||||
|
Sector concentration ratio (CR) |
SW2 |
0.1183*** |
0.5633*** |
0.0583* |
0.2982** |
|
(3.95) |
(4.66) |
(1.79) |
(2.44) | ||
|
EXIT |
-0.0251 |
-0.0277 | |||
|
(0.72) |
(0.75) | ||||
|
Sector efficiency level (EFF) |
SW2 |
0.1420*** |
0.4452*** |
0.1183*** |
0.2984*** |
|
(8.53) |
(6.78) |
(6.15) |
(4.17) | ||
|
EXIT |
0.0811*** |
0.0789*** | |||
|
(3.74) |
(3.38) | ||||
|
Sector effective rate of protection (ERP) |
SW2 |
-0.0006*** |
-0.0027*** |
-0.0005*** |
-0.0021*** |
|
(9.51) |
(10.83) |
(6.48) |
(7.80) | ||
|
EXIT |
0.0001 |
0.0002** | |||
|
(1.50) |
(2.06) | ||||
|
Province dummies |
No |
No |
Yes |
Yes | |
|
Observations |
24,363 |
3,013 |
24,363 |
3,013 | |
|
Groups____________________________ |
10,570 |
2,850 |
10,570 |
2,850 | |
41
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