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Table A3. Decomposition of aggregate employment growth, EU8 countries vs. SEE countries

Positive number = gap between EU8 and SEE E=Endowments (employment in sector/category); C=Coefficient (growth in sector/category); CE=Interaction of C & E

E

C

CE

C+CE

C+CE

-0.50

-0.49

0.10

-0.39

-0.89

-2.13

-4.36

1.21

-3.15

-5.28

2.21

-1.33

-0.90

-2.23

-0.02

0.36

-0.60

-0.08

-0.68

-0.33

0.71

-0.31

-0.30

-0.61

0.10

-0.01

0.08

-0.03

0.05

0.05

0.64

-7.01

0.00

-7.01

-6.37

-0.35

0.19

0.20

0.39

0.04

0.30

-6.83

0.20

-6.62

-6.33

-1.60

5.44

0.73

6.17

4.56

0.57

-0.14

-0.30

-0.44

0.12

-1.04

5.30

0.43

5.72

4.69

3.93

9.15

-2.78

6.37

10.30

0.55

-1.76

-1.57

-3.32

-2.78

4.48

7.39

-4.35

3.05

7.53

Size-ownership interactions - WEIGHTED

E+

EU8 growth

-1.64

SEE growth

-7.53

Differential=E+C+CE

5.88

Variables Construction Manufacturing Transport Trade Real estate Hotels & restaurants

Sectors (all) Size (new private)

Sectors/new private size State Size (state)

State/state size Privatized Size (privatized)

Privatized/privatized size

Amount attributable to

Coef.

Sig.

Mean

Pred.

15.12

***

0.107

1.62

7.25

**

0.332

2.41

12.11

***

0.269

3.26

12.75

***

0.181

2.31

10.31

**

0.080

0.83

1.99

0.030

0.06

EU8

-20.64

***

0.360

-7.43

0.34

1.153

0.39

-1.32

0.212

10.48 -0.28 10.20

-10.37 -2.70

** ***

0.255 0.801

-7.04 -2.64 -2.16 -4.80

Coef.

Sig.

Mean.

18.77

***

0.133

16.74

***

0.459

20.37

***

0.161

16.53

***

0.159

17.91

**

0.041

0.29

*

0.046

SEE

-3.15

-37.77 0.72

***

-35.37 1.45

**

0.101

0.318 0.370

0.366 0.424

Total Memo item: number of obs *=10%, **=5%, ***=1%

3.74

5.86

  • -

    3.72

2.15

5.88

2,786

  • -

    1.64

1,654

75

Pred. 2.50 7.69 3.28 2.63 0.73 0.01 16.85

  • -

    0.32

16.53

  • -

    12.00

0.27

  • -

    11.73

  • -

    12.95

0.62

  • -

    12.33

  • -

    7.53

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