Table 5 Size comparison of shutting down and continuing firms
From: Industry shutdown rates and permanent layoffs: evidence from firm-worker matched data
Shutting down in t | Continuing in t | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Industry | Mean | Median | Mean | Median | ||||||||
t | t−1 | t−2 | t | t−1 | t−2 | t | t−1 | t−2 | t | t−1 | t−2 | |
Crops and animal prod. | 0.9 | 1.3 | 1.5 | 0.4 | 0.6 | 0.7 | 3.4 | 3.5 | 3.5 | 1.3 | 1.3 | 1.3 |
Forestry, fishing, etc. | 1.3 | 2.6 | 3.0 | 0.5 | 0.9 | 1.0 | 6.0 | 6.3 | 6.6 | 1.7 | 1.8 | 1.9 |
Oil and gas | 5.7 | 7.7 | 7.6 | 0.8 | 1.4 | 1.5 | 45.8 | 42.9 | 40.1 | 1.6 | 1.6 | 1.6 |
Mining (except oil and gas) | 6.1 | 10.5 | 11.0 | 0.8 | 2.3 | 2.6 | 102.7 | 98.6 | 95.5 | 10.3 | 10.3 | 10.0 |
Support for mining | 2.5 | 6.0 | 6.1 | 0.5 | 1.0 | 1.1 | 21.2 | 20.1 | 18.3 | 1.7 | 1.8 | 1.7 |
Utilities | 5.9 | 10.0 | 10.1 | 1.3 | 2.6 | 2.5 | 235.9 | 231.8 | 227.3 | 8.0 | 7.6 | 7.1 |
Construction | 1.5 | 2.7 | 3.0 | 0.6 | 1.1 | 1.2 | 9.2 | 8.9 | 8.5 | 2.7 | 2.6 | 2.6 |
Food, beverage, etc. | 3.7 | 8.7 | 9.6 | 0.8 | 2.0 | 2.2 | 58.5 | 58.6 | 58.7 | 6.0 | 6.0 | 6.0 |
Textile, etc. | 4.6 | 12.7 | 15.2 | 0.9 | 2.1 | 2.5 | 25.8 | 27.6 | 29.1 | 6.1 | 6.4 | 6.5 |
Clothing, etc. | 4.6 | 10.8 | 13.4 | 1.1 | 2.9 | 3.7 | 23.8 | 25.8 | 27.3 | 6.4 | 6.9 | 7.2 |
Wood | 3.8 | 9.4 | 11.1 | 0.8 | 2.2 | 2.4 | 45.8 | 47.6 | 47.9 | 10.2 | 10.6 | 10.4 |
Paper | 7.2 | 19.7 | 24.6 | 2.0 | 3.5 | 4.2 | 175.1 | 182.7 | 190.1 | 20.6 | 21.1 | 21.4 |
Printing, etc. | 2.8 | 5.9 | 6.6 | 0.8 | 1.7 | 1.8 | 19.7 | 20.5 | 21.0 | 4.5 | 4.8 | 4.9 |
Petroleum and coal | 2.2 | 5.0 | 5.8 | 1.2 | 1.7 | 1.4 | 316.6 | 299.1 | 288.2 | 8.8 | 8.3 | 7.7 |
Chemical prod. | 3.7 | 8.3 | 8.4 | 0.8 | 1.8 | 2.1 | 64.5 | 64.4 | 63.4 | 8.7 | 8.7 | 8.7 |
Plastic and rubber | 9.2 | 22.3 | 23.6 | 1.6 | 3.5 | 4.4 | 77.5 | 79.9 | 80.5 | 17.8 | 17.8 | 17.3 |
Non-metallic | 2.6 | 5.5 | 6.3 | 0.7 | 1.6 | 2.2 | 39.0 | 39.1 | 38.8 | 7.4 | 7.4 | 7.2 |
Primary metals | 9.0 | 22.9 | 33.1 | 1.3 | 3.8 | 4.4 | 156.4 | 161.1 | 163.5 | 19.9 | 20.5 | 20.5 |
Fabricated metal | 3.6 | 8.0 | 9.3 | 0.9 | 2.0 | 2.3 | 25.8 | 25.8 | 25.6 | 8.7 | 8.5 | 8.3 |
Machinery | 4.3 | 9.9 | 11.7 | 0.9 | 2.0 | 2.3 | 35.1 | 34.8 | 34.3 | 9.2 | 9.3 | 9.2 |
Computers, etc. | 4.0 | 9.6 | 11.1 | 0.8 | 1.7 | 2.2 | 49.1 | 49.0 | 49.9 | 8.2 | 8.2 | 8.1 |
Electrical equipment, etc. | 4.9 | 8.7 | 9.8 | 0.9 | 1.7 | 1.8 | 49.4 | 49.5 | 50.5 | 8.6 | 8.4 | 8.1 |
Vehicles | 7.3 | 18.0 | 26.1 | 1.0 | 2.2 | 2.5 | 135.3 | 140.3 | 142.6 | 10.5 | 10.6 | 10.7 |
Furniture | 4.5 | 9.6 | 10.8 | 1.0 | 2.1 | 2.4 | 24.6 | 25.2 | 25.3 | 6.9 | 6.9 | 6.8 |
Miscelleneous Manu | 2.2 | 4.4 | 5.4 | 0.6 | 1.3 | 1.5 | 13.0 | 13.0 | 12.8 | 3.9 | 3.9 | 3.7 |
Wholesale | 2.1 | 4.3 | 4.8 | 0.7 | 1.3 | 1.5 | 18.7 | 18.7 | 18.6 | 4.3 | 4.4 | 4.3 |
Retail | 2.3 | 4.6 | 5.1 | 0.9 | 1.9 | 2.1 | 23.1 | 22.4 | 21.7 | 4.4 | 4.4 | 4.3 |
Air transport, etc. | 2.7 | 5.3 | 6.0 | 0.7 | 1.4 | 1.6 | 39.9 | 39.7 | 39.0 | 3.9 | 3.8 | 3.7 |
Truck | 1.8 | 3.3 | 3.5 | 0.6 | 1.1 | 1.2 | 9.3 | 9.1 | 8.9 | 1.8 | 1.9 | 1.9 |
Transit | 2.7 | 4.6 | 5.1 | 0.9 | 1.6 | 1.7 | 40.1 | 39.1 | 38.0 | 4.0 | 4.0 | 4.0 |
Pipeline | 1.2 | 3.1 | 4.1 | 0.3 | 0.9 | 0.9 | 86.4 | 81.4 | 76.8 | 1.8 | 1.7 | 1.7 |
Warehousing | 3.9 | 7.3 | 8.5 | 1.3 | 2.7 | 2.9 | 42.8 | 41.0 | 39.0 | 6.6 | 6.8 | 6.7 |
Information, etc. | 3.1 | 6.0 | 6.7 | 0.8 | 1.6 | 1.8 | 38.4 | 37.8 | 38.2 | 4.1 | 4.1 | 4.1 |
Motion pics | 1.8 | 3.3 | 4.5 | 0.5 | 0.9 | 1.0 | 11.1 | 11.0 | 11.0 | 1.4 | 1.4 | 1.4 |
Broadcasting | 4.6 | 8.1 | 8.4 | 0.9 | 1.8 | 1.9 | 150.8 | 151.0 | 154.7 | 5.6 | 5.5 | 5.0 |
Finance, etc. | 1.6 | 3.0 | 3.4 | 0.6 | 0.9 | 1.0 | 18.1 | 17.8 | 17.5 | 1.9 | 1.9 | 1.9 |
Professional, etc. | 1.2 | 2.2 | 2.5 | 0.5 | 0.9 | 1.0 | 8.7 | 8.5 | 8.2 | 1.6 | 1.7 | 1.7 |
Admin, etc. | 2.6 | 4.7 | 5.2 | 0.7 | 1.3 | 1.5 | 22.3 | 21.5 | 20.5 | 3.1 | 3.1 | 3.0 |
Waste management | 2.3 | 4.3 | 5.2 | 0.7 | 1.5 | 1.7 | 17.2 | 16.6 | 16.0 | 4.0 | 3.9 | 3.9 |
Arts, etc. | 2.4 | 4.2 | 4.6 | 0.7 | 1.3 | 1.4 | 17.4 | 17.1 | 16.7 | 3.2 | 3.2 | 3.1 |
Accommodations, etc. | 3.8 | 7.0 | 7.8 | 1.5 | 3.3 | 3.7 | 20.9 | 20.7 | 20.4 | 6.8 | 6.9 | 7.0 |
Other services | 1.0 | 1.8 | 1.9 | 0.4 | 0.7 | 0.7 | 6.3 | 6.3 | 6.2 | 1.8 | 1.9 | 1.9 |
All | 2.1 | 3.9 | 4.4 | 0.6 | 1.2 | 1.3 | 20.5 | 20.2 | 19.9 | 2.8 | 2.8 | 2.8 |