(1) | (2) | (3) | (4) | (5) | (6) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dep. variable: NACE proxy to government sector wage gap (2004–2007) | ||||||||||||
% Public employees | −0.0118∗∗∗ | −0.0086∗∗ | −0.0111∗∗∗ | −0.0110∗∗∗ | −0.0107∗∗∗ | −0.0112∗∗∗ | ||||||
(0.0036) | (0.0040) | (0.0036) | (0.0030) | (0.0037) | (0.0031) | |||||||
% Public administration | 0.0056 ∗∗ | 0.0069 ∗∗ | 0.0080 ∗∗∗ | 0.0060 ∗∗ | 0.0080 ∗∗∗ | 0.0078 ∗∗∗ | ||||||
employees | (0.0022) | (0.0025) | (0.0022) | (0.0025) | (0.0025) | (0.0020) | ||||||
% Value added tradable | −0.0058∗ | −0.0070∗∗ | −0.0061∗ | −0.0076∗∗ | −0.0065∗∗ | −0.0063∗∗ | ||||||
sectors | (0.0028) | (0.0032) | (0.0030) | (0.0028) | (0.0025) | (0.0024) | ||||||
Employment protection | 0.0268 | |||||||||||
legislation | (0.0421) | |||||||||||
Trade union density | −0.0011 | |||||||||||
(0.0012) | ||||||||||||
Log per capita GDP | 0.0076 | |||||||||||
(0.0453) | ||||||||||||
Deficit | 0.0031 | |||||||||||
(0.0040) | ||||||||||||
Debt | 0.0000 | |||||||||||
(0.0006) | ||||||||||||
Real GDP growth change | −0.0026 | |||||||||||
(0.0072) | ||||||||||||
Constant | 0.2748 | 0.2618 | 0.1751 | 0.3510 ∗∗ | 0.2478 | 0.2777 ∗ | ||||||
(0.2025) | (0.1524) | (0.4858) | (0.1663) | (0.1729) | (0.1516) | |||||||
Observations | 17 | 20 | 24 | 23 | 24 | 24 | ||||||
Adjusted R-squared | 0.60 | 0.62 | 0.64 | 0.65 | 0.64 | 0.64 |