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Table A6. Decomposition of average firm employment growth, EU8 vs. Middle/Low Income CIS countries.

Positive number = gap between EU8 and CIS E=Endowments (number of firms in sector/category); C=Coefficient (mean firm growth in sector/category); CE=Interaction of C & E

Size-ownership interactions - UNWEIGHTED

EU8 growth

5.49

CIS growth

11.99

Differential=E+C+CE

-6.50

E

C

CE

C+CE

C+CE

-0.01

-1.59

-0.01

-1.60

-1.61

-0.37

-3.08

-0.84

-3.92

-4.30

0.38

0.34

-0.08

0.26

0.64

-0.06

-3.56

-0.11

-3.68

-3.73

0.43

-0.83

0.23

-0.60

-0.17

0.02

-0.97

0.15

-0.82

-0.80

0.40

-9.69

-0.67

-10.36

-9.96

-0.01

0.25

0.01

0.26

0.25

0.39

-9.44

-0.66

-10.10

-9.71

0.12

0.29

0.03

0.32

0.43

-0.01

-0.03

0.01

-0.02

-0.03

0.11

0.26

0.03

0.29

0.40

0.88

1.06

1.00

2.06

2.94

0.01

-0.12

-0.02

-0.14

-0.13

0.88

0.95

0.98

1.93

2.81

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

E+

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

1.38

  • -

    8.23

0.35

  • -

    7.88

  • -

    6.50

Coef.

Sig.

Mean

Pred.

8.01

***

0.143

1.14

5.97

***

0.229

1.37

16.10

***

0.099

1.59

5.75

***

0.318

1.83

11.00

***

0.142

1.56

1.77

0.070

0.12

EU8

-15.61

***

0.078

-1.22

-1.38

0.035

-0.05

3.32

0.038

7.61 0.13 7.74

-10.14 -2.13

*** **

0.092 0.025

-1.27 -0.93 -0.05 -0.98

5.49

2,786

Coef.

Sig.

Mean.

19.11

***

0.144

19.43

***

0.291

12.63

***

0.075

16.95

***

0.328

16.88

***

0.102

15.64

***

0.059

CIS

-3.24

-19.30 -0.54

***

-21.72 2.50

***

0.039

0.086 0.028

0.178 0.029

3,728

Pred. 2.75 5.66 0.95 5.56 1.73 0.92 17.57

  • -

    0.13

17.45

  • -

    1.65

  • -

    0.02

  • -

    1.67

  • -

    3.87

0.07

  • -

    3.79

11.99

78

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