Table 6
Firms’ and workers’ characteristics in the matched sample
Panel A reports summary statistics for the matched firms in our data set; panel B shows de-
scriptive statistics for the sample of matched workers. All statistics refer to 1991.
|
Panel A: Firm characteristics | |||
|
Mean |
Median |
Stand. dev. | |
|
Value added (millions lire) |
33,966 |
6,757 |
320,159 |
|
Employees |
413 |
103 |
3,724 |
|
South |
0.1098 |
0 |
0.3128 |
|
North |
0.7156 |
1 |
0.4512 |
|
Agriculture and Fishery |
0.0016 |
0 |
0.0403 |
|
Mining |
0.0042 |
0 |
0.0649 |
|
Food and tobacco products |
0.0526 |
0 |
0.2234 |
|
Textiles and leather products |
0.1251 |
0 |
0.3309 |
|
Paper, wood products and publishing |
0.0907 |
0 |
0.2872 |
|
Chemicals and petroleum |
0.1524 |
0 |
0.3595 |
|
Primary and fabricated metal products |
0.1137 |
0 |
0.3176 |
|
Machinery and electrical∕electronic |
0.2142 |
0 |
0.4103 |
|
Energy, gas and water |
0.0039 |
0 |
0.0623 |
|
Construction |
0.0562 |
0 |
0.2304 |
|
Retail and wholesale trade, hotels |
0.1183 |
0 |
0.3230 |
|
Transport and telecommunications |
0.0227 |
0 |
0.1491 |
|
Credit, insurance and business services |
0.0221 |
0 |
0.1470 |
|
Other private services |
0.0221 |
0 |
0.1470 |
|
Panel B: Workers’ ch |
ιaracterist |
ics | |
|
Mean |
Median |
Stand. dev. | |
|
Earnings (millions of lire) |
26.02 |
23.81 |
10.90 |
|
Age |
40.77 |
41 |
9.79 |
|
Male |
0.7627 |
1 |
0.4255 |
|
Blue Collars |
0.6351 |
1 |
0.4815 |
|
Clericals |
0.3523 |
0 |
0.4777 |
|
Managers |
0.0127 |
0 |
0.1118 |
|
South |
0.1345 |
0 |
0.3413 |
|
North |
0.6750 |
1 |
0.4684 |
46
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