Table 5 Long-run determinants of the public pay gap
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
Dep. variable: Δgeneral government sector “macro” wage gap ct | ||||||
Δ% public employees ct | −0.0178∗∗∗ | −0.0087 | −0.0180∗∗ | −0.0340∗∗ | −0.0131 | −0.0336∗ |
(0.0068) | (0.0183) | (0.0089) | (0.0162) | (0.0112) | (0.0176) | |
ΔOpenness ct | −0.0016∗∗ | −0.0021∗∗ | −0.0016∗∗ | −0.0020∗∗∗ | −0.0005 | −0.0019∗∗ |
(0.0007) | (0.0010) | (0.0008) | (0.0006) | (0.0015) | (0.0007) | |
Δ% public administration | 1.4048 | |||||
employees ct | (1.3675) | |||||
ΔQuality of government ct | −0.2457∗ | |||||
(0.1320) | ||||||
ΔGovernment effectiveness ct | −0.1631∗∗ | |||||
(0.0630) | ||||||
ΔEmployment protection | 0.0699 | |||||
legislation ct | (0.1028) | |||||
ΔTrade union density ct | −0.0023 | |||||
(0.0059) | ||||||
5-year dummies | Yes | Yes | Yes | Yes | Yes | Yes |
Time period | 1975–2014 | 1980–2014 | 1985–2014 | 2000–2014 | 1990–2014 | 2000–2014 |
Observations | 146 | 56 | 110 | 57 | 91 | 57 |
Adjusted R-squared | 0.28 | 0.13 | 0.21 | 0.36 | 0.17 | 0.28 |