The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Misallocation and manufacturing TFP in Ecuador: formal, semi-formal and informal firms
Variables | (1) | (2) | (3) | (4) | (5) |
---|---|---|---|---|---|
TFPR | TFPR | TFPR | TFPR | TFPR | |
Completely informal | − 0.053 | − 0.069 | − 0.293 | − 0.290 | − 0.294 |
[0.035] | [0.035]** | [0.068]*** | [0.068]*** | [0.068]*** | |
Semi-formal | 0.001 | − 0.002 | − 0.066 | − 0.065 | − 0.065 |
[0.015] | [0.015] | [0.021]*** | [0.021]*** | [0.021]*** | |
Median A | − 0.095 | − 0.086 | − 0.081 | − 0.087 | |
[0.016]*** | [0.016]*** | [0.016]*** | [0.016]*** | ||
Median B | − 0.109 | − 0.105 | − 0.097 | − 0.103 | |
[0.018]*** | [0.018]*** | [0.018]*** | [0.018]*** | ||
Large | − 0.208 | − 0.192 | − 0.189 | − 0.196 | |
[0.016]*** | [0.017]*** | [0.017]*** | [0.017]*** | ||
Level of informality | 0.178 | 0.170 | 0.172 | ||
[0.059]*** | [0.059]*** | [0.059]*** | |||
Region fixed effects | No | No | No | Yes | Yes |
ISIC fixed effects | No | No | Yes | Yes | Yes |
Year fixed effects | Yes | Yes | Yes | No | Yes |
Constant | 0.256 | 0.310 | 0.312 | − 0.059 | − 0.048 |
[0.024]*** | [0.025]*** | [0.063]*** | [0.104] | [0.107] | |
Observations | 16,517 | 16,517 | 16,517 | 16,511 | 16,511 |
R-squared | 0.002 | 0.011 | 0.054 | 0.054 | 0.056 |