Industry

Model 4 (Dependent variable TFP)

Model 5

(Dependent variable TFP)

LPW

LMS

LPS

LN

LK

LPW

LMS

LPS

16 Tobacco

0.003

(0.02)

−0.08

(−2.30)*

0.15 (1.08)

−40.95

(−1.98)**

0.02

(0.70)

9.61

(1.98)**

1.56

(2.08)**

0.19

(1.22)

17 Textiles

0.13

(0.68)

−0.90

(−2.12)*

0.02

(0.13)

−0.11

(1.99)**

3.82

(−1.49)

−2.17

(−1.49)

−0.13

(1.89) **

−0.18

(−1.49)

18 Apparel

−0.43

(−2.10)*

0.30

(1.58)

0.28

(3.47)*

−4.30

(−1.17)

−0.44

(−2.51)*

0.22

(3.15)*

0.98

(3.14)*

3.89

(1.09)

19 Leather products

0.23

(0.77)

0.20

(2.19)*

−0.35

(−1.06)

−16.33

(−2.60)*

−0.68

(−3.78)*

5.49

(2.69)*

2.00

(2.39)*

0.15

(1.16)*

20 Woodland products

0.70

(1.98)*

−0.07

(−0.40)

−0.06

(−0.71)

−15.74

(−3.05)*

−0.12

(−1.40)

13.57

(3.05)*

2.43

(3.04)*

0.49

(2.45)*

21 Paper products

1.10

(1.90)*

−0.19

(−2.98)*

0.09

(0.34)

−3.15

(−0.52)

0.17

(1.91)*

2.28

(0.47)

0.83

(0.70)

−0.02

(−0.09)

23 Coke/petroleum products

1.99

(3.06)*

2.10

(3.18)*

0.20

(1.09)

8.42

(0.79)

0.31

(3.39)*

5.68

(0.69)

−3.15

(−1.21)

−0.25

(−0.55)

24 Chemical products

1.09

(0.1.93)*

1.28

(0.64)

0.18

(0.70)

−5.96

(−1.09)

−0.37*

(−9.182)

3.61

(1.88)*

0.63

(5.41)*

−0.11

(−0.66)

27 Basic metals

0.38

(1.55)**

−0.29

(−1.09)

−0.02

(−0.18)

−10.81

(−4.28)*

0.17

(1.34)

8.49

(4.22)*

1.90

(2.98)*

−0.42

(−0.38)

29 Machinery & equipment

0.22

(1.87)*

−0.52

(−1.85)*

−0.57

(−1.17)

−21.64

(−1.15)

−0.09

(−0.09)

15.89

(1.36)

5.97

(1.05)

0.82

(0.69)

34 Motor vehicles, trailers & semi-trailers

2.13

(6.37)*

−1.80

(−5.57)*

−0.42

(−4.00)*

9.31

(1.15)

−0.75

(−1.76)*

−0.78

(−2.43)*

−3.87

(−1.91)*

−4.03

(−0.73)

Overall

0.19

(1.70)*

0.18

(1.81)*

0.10

(0.57)

4.18

(2.43)*

0.31

(6.29)*

0.67

(2.54205)*

0.09

(2.73)*

−0.09

(−0.71)