Table E: COMPARISON BETWEEN INTRA-MANUFACTURING
and Service Sector Switchers
|
(1) |
(2) |
(3) |
(4) |
(5) (6) | |
|
Firm specific variables | |||||
|
Relative efficiency (weighted) Firm size (log) Firm age (log) State owned enterprise (SOE) Foreign owned firm (Multinational) |
-44.7841** (2.44) |
-45.4567** (2.44) |
-6.5822 |
-6.2422 (1.16) -0.1235*** (7.18) |
-0.9871 -1.1072 (0.12) (0.13) -0.1136*** -0.1196*** (6.73) (6.81) 0.0078 0.0065 (0.25) (0.20) 0.0394 0.0788 (0.37) (0.72) -0.2253*** -0.2330*** (3.46) (3.53) |
|
Province dummies |
Yes |
Yes |
Yes |
Yes |
Yes Yes |
|
Sector dummies________________ |
Yes |
Yes |
Yes |
Yes |
Yes______Yes |
|
Observations |
1,076 |
1,045 |
1,076 |
1,045 |
1,076 1,045 |
|
Pseudo R-squared________________ |
0.16 |
0.17 |
0.19 |
0.21 |
0.20 0.22 |
Note: Dependent variable: Switching to the tertiary sector (SER). Pooled probit estimates - marginal effects. All estimations included
a constant term and time dummies. t-values (reported in parenthesis) are heteroskedasticity robust. *, **, *** indicate significance at a
10%, 5% and 1% level, respectively.
47
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