Table 1
Firms’ and workers’ characteristics in the full sample
Panel A reports summary statistics for the firms in our data set; panel B shows descriptive
statistics for the sample of workers. All statistics refer to 1991.
Panel A: Firms’ characteristics | |||
Mean |
Median |
Stand. dev. | |
Value added (millions of lire) |
16,879 |
3,935 |
245,773 |
Employees |
204 |
60 |
2,353 |
South |
0.0887 |
0 |
0.2844 |
North |
0.7485 |
1 |
0.4339 |
Agriculture and Fishery |
0.0028 |
0 |
0.0527 |
Mining |
0.0054 |
0 |
0.0731 |
Food and tobacco products |
0.0485 |
0 |
0.2149 |
Textiles and leather products |
0.1225 |
0 |
0.3278 |
Paper, wood products and publishing |
0.0931 |
0 |
0.2906 |
Chemicals and petroleum |
0.1308 |
0 |
0.3372 |
Primary and fabricated metal products |
0.1080 |
0 |
0.3104 |
Machinery and electrical∕electronic |
0.1934 |
0 |
0.3950 |
Energy, gas and water |
0.0027 |
0 |
0.0518 |
Construction |
0.0758 |
0 |
0.2647 |
Retail and wholesale trade, hotels |
0.1548 |
0 |
0.3617 |
Transport and telecommunications |
0.0254 |
0 |
0.1572 |
Credit, insurance and business services |
0.0186 |
0 |
0.1351 |
Other private services |
0.0182 |
0 |
0.1337 |
Panel B: Workers’ ch |
ιaracteris' |
tics | |
Mean |
Median |
Stand. dev. | |
Earnings (millions of lire) |
25.49 |
23.15 |
11.27 |
Age |
40.52 |
41 |
9.88 |
Male |
0.7410 |
1 |
0.4381 |
Blue Collars |
0.6393 |
1 |
0.4802 |
Clericals |
0.3460 |
0 |
0.4657 |
Managers |
0.0146 |
0 |
0.1201 |
South |
0.1529 |
0 |
0.3599 |
North |
0.6610 |
1 |
0.4734 |
41
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