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Percentage growth

20.00

Net growth =

Net growth =

-7.53%

4.80%

Figure III.7

25.00

Decomposition of Aggregate Employment Growth: SEE vs CIS

Difference in

Difference in

net growth =

net growth =

-12.33%

-12.33%

15.00

10.00

5.00

0.00

  • -

    5.00

  • -

    10.00

  • -

    15.00

Difference

Decomposition

  • -

    20.00

  • -

    25.00

SEE

CIS

State State (endow)

State (size) State (coeff)

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coeff)

Privatized Privatized (endow)

Privatized (size) Privatized (coeff)

Percentage growth

20.00

Net growth =

Net growth =

9.37%

11.99%

Figure III.8

25.00

Decomposition of Average Firm Growth: SEE vs CIS

Difference in

Difference in

net growth =

net growth =

-2.62%

-2.62%

15.00

10.00

5.00

0.00

  • -

    5.00

Difference

Decomposition

  • -

    10.00

SEE

CIS

State State (endow)

State (size) State (coeff)

Sectors (new private) Sector/size (endow)

Size (new private) Sector/size (coeff)

Privatized Privatized (endow)

Privatized (size) Privatized (coeff)

53

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