All Firms

10 - 90 percentile firms

20 - 80 percentile firms

(1)

(2)

(3)

Labour

0.95*** (0.011)

0.90*** (0.012)

0.89*** (0.013)

Capital

0.34*** (0.0064)

0.39*** (0.0070)

0.41*** (0.0075)

Labour interacted with the dummy variables

Leather-textiles

−0.15*** (0.0045)

−0.17*** (0.0047)

−0.18*** (0.0054)

Chemicals

−0.18*** (0.0051)

−0.22*** (0.0054)

−0.25*** (0.0062)

Metal Products

−0.055*** (0.0050)

−0.069*** (0.0053)

−0.078*** (0.0061)

Electrical and machinery

−0.099*** (0.0046)

−0.11*** (0.0048)

−0.12*** (0.0054)

Public limited companies

0.0057 (0.0043)

−0.0027 (0.0044)

−0.014*** (0.0050)

Self-employment

−0.038*** (0.0037)

−0.042*** (0.0038)

−0.040*** (0.0041)

Capital interacted with the dummy variables

Leather-textiles

−0.11*** (0.0033)

−0.11*** (0.0037)

−0.12*** (0.0043)

Chemicals

0.085*** (0.0037)

0.12*** (0.0042)

0.12*** (0.0049)

Metal Products

−0.013*** (0.0036)

0.0084** (0.0039)

0.0016 (0.0045)

Electrical and machinery

0.025*** (0.0034)

0.037*** (0.0036)

0.032*** (0.0041)

Public limited companies

−0.077*** (0.0038)

−0.11*** (0.0039)

−0.12*** (0.0045)

Self-employment

−0.051*** (0.0032)

−0.050*** (0.0035)

−0.039*** (0.0039)

Number of observations

408,446

326,880

245,060

F-statistic

2057961.2

1757975.8

1322574.7

Prob > F

0

0

0

R-squared

1.00

1.00

1.00

Root MSE

0.81

0.77

0.76