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FIGURES

Figure III.1

20.00

15.00

10.00

Difference in

Difference in

Net growth =

net growth =

net growth =

-1.64%

8.04%

8.04%

Decomposition of Aggregate Employment Growth: Cohesion vs EU8

Net growth = 6.40%

Percentage growth

5.00

0.00

  • -

    5.00

  • -

    10.00

  • -

    15.00

Cohesion

New EU

Difference

Decomposition

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coef )

State State (endow)

State (size) State (coef )

Privatized Privatized (endow)

Privatized (size) Privatized (coef )

Figure III.2

Decomposition of Average Firm Growth: Cohesion vs EU8

10.00

Net growth =

Net growth =

7.70%

5.49%

8.00

Percentage growth

Difference in

Difference in

net growth =

net growth =

2.21%

2.21%

6.00

4.00

2.00

0.00

  • -

    2.00

  • -

    4.00

Cohesion

New EU

Difference

Decomposition

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coef )

State State (endow)

State (size) State (coef )

Privatized Privatized (endow)

Privatized (size) Privatized (coef )

50

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