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Table A8. Decomposition of average firm employment growth, SEE vs. Middle/Low Income CIS countries.

Positive number = gap between SEE 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

SEE growth

9.37

CIS growth

11.99

Differential=E+C+CE

-2.62

Construction

-0.46

-0.94

-0.54

-1.48

-1.95

Manufacturing

0.55

-0.45

0.04

-0.41

0.14

Transport

0.29

0.61

-0.10

0.51

0.79

Trade

-0.05

-0.95

-0.01

-0.96

-1.01

Real estate

-0.23

0.41

0.05

0.46

0.23

Hotels & restaurants

0.12

-0.82

0.22

-0.60

-0.48

Sectors (all)

0.22

-2.14

-0.35

-2.49

-2.27

Size (new private)

0.01

0.08

0.02

0.10

0.11

Sectors/new private size

0.22

-2.06

-0.33

-2.38

-2.16

State

-0.01

-0.59

0.00

-0.59

-0.60

Size (state)

-0.03

-0.25

0.02

-0.23

-0.25

State/state size

-0.04

-0.84

0.03

-0.82

-0.85

Privatized

1.22

-0.37

-0.14

-0.51

0.71

Size (privatized)

-0.05

-0.33

0.06

-0.27

-0.32

Privatized/privatized size

1.17

-0.70

-0.08

-0.78

0.39

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

  • -

    0.38

  • -

    3.98

  • -

    2.62

Variables

1.36

  • -

    3.60

E

Amount attributable to

C

CE

C+CE

E+ C+CE

Coef.

Sig.

Mean

8.80

0.091

18.03

***

0.322

19.39

***

0.090

14.03

***

0.325

21.39

***

0.092

5.48

0.080

SEE

-26.20

***

0.086

-8.59

*

0.031

  • -

    0.59

0.031

-24.59

***

0.129

-6.84

0.036

1,654

Coef. 19.11 19.43 12.63 16.95 16.88 15.64

Sig. *** *** *** *** *** ***

Mean. 0.144 0.291 0.075 0.328 0.102 0.059

-3.24

0.039

-19.30 -0.54

***

0.086 0.028

-21.72 2.50

***

0.178 0.029

0.80

2.75

5.81

5.66

1.74

0.95

4.56

5.56

1.96

1.73

0.44

0.92

15.31

17.57

-0.02

-0.13

15.29

17.45

-2.25

-1.65

-0.27

-0.02

-2.52

-1.67

-3.16

-3.87

-0.24

0.07

-3.41

-3.79

Pred.

CIS

Pred.

9.37

11.99

3,728

80

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