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