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Figure III.3

Decomposition of Aggregate Employment Growth: EU8 vs SEE

25.00

20.00

15.00

Net growth =

  • -

    1.64%

Difference in

Difference in

net growth =

net growth =

5.88%

5.88%

Net growth =

  • -

    7.53%

10.00

Percentage growth

5.00

New EU

SEE

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coef )

State State (endow)

0.00

  • -

    5.00

  • -

    10.00

  • -

    15.00

  • -

    20.00

  • -

    25.00

State (size) State (coef )

Difference

Privatized Privatized (endow)

Decomposition

Privatized (size) Privatized (coef )

Figure III.4

Decomposition of Average Firm Growth: EU8 vs SEE

20.00

Net growth = 9.37%

15.00

Percentage growth

10.00

5.00

Net growth = 5.49%

Difference in net growth =

  • -

    3.88%

Difference in net growth =

  • -

    3.88%

0.00

  • -

    5.00

New EU

SEE

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coef )

State State (endow)

  • -

    10.00

State (size) State (coef )

Difference

Privatized Privatized (endow)

Decomposition

Privatized (size) Privatized (coef )

51

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