Table 2 Censored and uncensored firms: comparison of sample means
From: European firm adjustment during times of economic crisis
Mean (uncensored) | Mean (censored) | Observations (uncensored) | Observations (censored) | |
|---|---|---|---|---|
Manufacturing | 0.502 | 0.475 | 4658 | 3972 |
Trade | 0.208 | 0.204 | 4658 | 3972 |
Market Services | 0.290 | 0.321 | 4658 | 3972 |
Firm size: 5–19 | 0.240 | 0.264 | 4658 | 3972 |
Firm size: 20–49 | 0.227 | 0.214 | 4658 | 3972 |
Firm size: 50–199 | 0.302 | 0.292 | 4658 | 3972 |
Firm size: > = 200 | 0.231 | 0.231 | 4658 | 3972 |
Share of white-collar workers | 0.371 | 0.332 | 4303 | 3698 |
Share of high-skilled workers | 0.402 | 0.429 | 4303 | 3698 |
Share of permanent workers | 0.908 | 0.896 | 4608 | 3897 |
Labour turnover | 0.336 | 0.338 | 4373 | 3666 |
Labour cost share | 0.331 | 0.327 | 4265 | 3601 |
Strong competitive pressures | 0.552 | 0.564 | 4106 | 3637 |
Flexible pay component | 0.084 | 0.095 | 3939 | 3581 |
Time-dependent wage change | 0.585 | 0.596 | 4600 | 3913 |
Wage change more often than yearly | 0.137 | 0.141 | 4563 | 3891 |
Wage change yearly | 0.654 | 0.678 | 4563 | 3891 |
Wage change less often than yearly | 0.183 | 0.160 | 4563 | 3891 |