Table 2 Determinants of the public sector pay gap: government monopolistic power
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
Dep. variable: NACE proxy to government sector wage gap (2004–2012) | ||||||
% public employees | −0.0103∗∗ | −0.0110∗∗ | −0.0073∗ | −0.0142∗∗∗ | −0.0076∗ | |
(0.0041) | (0.0041) | (0.0038) | (0.0032) | (0.0039) | ||
% public administration | 0.0070 ∗∗ | 0.0075 ∗∗∗ | 0.0083 ∗∗∗ | 0.0113 ∗∗∗ | 0.0080 ∗∗∗ | |
employees | (0.0028) | (0.0022) | (0.0028) | (0.0024) | (0.0027) | |
Government effectiveness | −0.0197 | |||||
(0.0383) | ||||||
% value added tradable sectors | −0.0091∗∗ | −0.0087∗∗ | −0.0059 | −0.0093∗∗ | ||
(0.0035) | (0.0031) | (0.0037) | (0.0033) | |||
% public employees (over population) | −0.0195∗∗ | |||||
(0.0077) | ||||||
% compensation of employees in collective goods | 0.0044 ∗∗ | |||||
(0.0020) | ||||||
Openness | −0.0002 | |||||
(0.0005) | ||||||
Constant | 0.3393 | 0.3130 | 0.0253 | 0.0045 | 0.4718 ∗∗∗ | 0.0552 |
(0.2308) | (0.2006) | (0.1615) | (0.1568) | (0.1589) | (0.1843) | |
Observations | 24 | 24 | 25 | 24 | 24 | 24 |
Adjusted R-squared | 0.59 | 0.60 | 0.49 | 0.56 | 0.54 | 0.49 |