|
| All Firms | 10 - 90 percentile firms | 20 - 80 percentile firms |
| (1) | (2) | (3) | |
| Human Capital | 1.93*** (0.017) | 2.04*** (0.018) | 2.04*** (0.020) |
| Technology | 0.57*** (0.0029) | 0.56*** (0.0030) | 0.56*** (0.0035) |
| Human capital interacted with the dummy variables | |||
| Leather-textiles | −0.47*** (0.013) | −0.55*** (0.014) | −0.63*** (0.015) |
| Chemicals | −0.45*** (0.012) | −0.50*** (0.013) | −0.50*** (0.015) |
| Metal Products | −0.50*** (0.014) | −0.55*** (0.015) | −0.54*** (0.017) |
| Electrical and machinery | −0.51*** (0.011) | −0.60*** (0.012) | −0.62*** (0.014) |
| Technology interacted with the dummy variables | |||
| Leather-textiles | 0.14*** (0.0038) | 0.15*** (0.0038) | 0.16*** (0.0043) |
| Chemicals | 0.075*** (0.0048) | 0.087*** (0.0050) | 0.095*** (0.0058) |
| Metal Products | 0.040*** (0.0043) | 0.033*** (0.0046) | 0.043*** (0.0052) |
| Electrical and machinery | 0.092*** (0.0039) | 0.092*** (0.0040) | 0.10*** (0.0046) |
| Number of observations | 408,444 | 326,879 | 245,059 |
| F-statistic | 9506.3 | 9213.2 | 7279.2 |
| Prob > F | 0 | 0 | 0 |
| R-squared | 0.48 | 0.52 | 0.53 |
| Root MSE | 0.58 | 0.53 | 0.52 |