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Table 10 Earnings regression with selection: women

From: Industry shutdown rates and permanent layoffs: evidence from firm-worker matched data

 

XS

S

M

L

XL

All firms

Shutdown rate

−3.4041

.1620

−1.8604

−2.0460

−.9859

−1.3759

 

(1.4500) b

(.8545)

(1.3127)

(1.8356)

(1.0292)

(.9488)

Age 35–49

−.0556

−.0321

−.0328

−.0728

−.0475

 
 

(.0343)

(.0257)

(.0235) a

(.0296)

(.0239) c

(.0101) c

Age 50+

−.2370

−.1923

−.3059

−.3178

−.3306

−.2710

 

(.0328) c

(.0441) c

(.0392) c

(.0419) c

(.0555) c

(.0285) c

Married

−.0207

.0394

.0363

.0494

.0267

.0293

 

(.0242)

(.0158) b

(.0270)

(.0248) b

(.0262)

(.0103) c

Tenure

−.1648

−.1966

−.2136

−.1722

−.1555

−.1747

 

(.0204) c

(.0202) c

(.0131) c

(.0188) c

(.0129) c

(.0106) c

Tenure squared

.0068

.0088

.0095

.0061

.0054

.0067

 

(.0009) c

(.0012) c

(.0008) c

(.0011) c

(.0006) c

(.0005) c

Union

.1523

.0486

.0450

.1302

.0540

.0719

 

(.0552) c

(.0911)

(.0682)

(.0393) c

(.0334)

(.0383) a

Atlantic

.2317

.1793

.1750

.2020

.1494

.1805

 

(.0392) c

(.0422) c

(.0647) c

(.0684) c

(.0552) c

(.0340) c

Quebec

.1129

.0569

.0349

.0904

.1160

.0698

 

(.0338) c

(.0392)

(.0339)

(.0436) b

(.0343) c

(.0234) c

Prairie

.0328

−.0049

.0548

.0678

.0732

.0353

 

(.0533)

(.0475)

(.0328) a

(.0628)

(.0453)

(.0268)

BC

.0372

.0312

−.0467

.00007

−.0238

−.0052

 

(.0422)

(.0295)

(.0361)

(.0777)

(.0501)

(.0252)

Firm active estimates—exclusion restrictions

\(\log \overline {\text {wage bill}}_{ikjt}\)

.4743

.2943

.1818

.1116

.5411

.4460

 

(.0148) c

(.0460) c

(.0768) c

(.0736)

(.0635) c

(.0232) c

ρ (correlation)

.0762

.0167

.0563

.0876

0038

.0314

 

(.0422) a

(.0532)

(.0441)

(.0354) b

(.0589)

(.0296)

σ (variance)

1.3042

1.3157

1.3280

1.3296

1.3249

1.3250

 

(.0293) c

(.0329) c

(.0377) c

(.0170) c

(.0238) c

(.0222) c

λ (selection)

.0998

.0232

.0748

.1165

.0051

.0416

 

(.0557) a

(.0699)

(.0581) a

(.0476) b

(.0781)

(.0394)

Observations

94,357

40,953

33,713

17,267

18,628

204,918

Observation-censored

82,961

26,855

17,872

8093

4117

139,898

logL

−48,767.82

−48,280.89

−48,160.96

−26,165.28

−30,879.39

−222,421.9

  1. Note: The reference group is Ontario for region, 25–35 for age, 2005 for year, and construction for industry. The firm size classes are (XS) less than 5 employees, (S) 5–19 employees, (M) 20–99 employees, (L) 100–500 employees, and (XL) 500+ employees. Clustered standard errors, in parentheses, account for within industry correlation
  2. a, b, cStatistical significance at the 10, 5, and 1% levels, respectively