Table 5

Heterogeneous effects by Pavitt taxonomy's classes

SBSSSISDSBSSSISD
(1)(2)(3)(4)(5)(6)(7)(8)
(ln) No. Training programst−1−0.0206*0.00840.0251**0.0163***    
 (0.011)(0.011)(0.010)(0.006)    
t−2−0.0055−0.00440.0370***0.0267***    
 (0.011)(0.011)(0.010)(0.006)    
t−3−0.00140.01400.00940.0283***    
 (0.011)(0.012)(0.010)(0.006)    
(ln) Training hours (p. c.)t−1    −0.0046−0.00880.00780.0217***
     (0.011)(0.011)(0.011)(0.008)
t−2    0.0071−0.00770.01430.0210***
     (0.011)(0.011)(0.012)(0.008)
t−3    −0.0093−0.00650.01290.0024
     (0.010)(0.012)(0.012)(0.008)
Other controlsyesyesyesyesyesyesyesyes
R-squared0.0350.0610.0460.0370.0370.0600.0420.035
Observations9,41317,99011,77625,4519,41317,99011,77625,451

Note(s): IVH estimates. Pavitt classes: SB = Science-based; SS = Specialized suppliers; SI = Scale-intensive; SD = Supplier-dominated. Other controls include (lagged from t−1 to t−3, and in natural logarithm): Value Added, Firm's age, Tot. Intangible assets, Total liabilities, Unit labour cost, Employees, TFP. Extended tables are reported in the  Appendix. Sectoral fixed effects (NACE 2-digit) and year are always included. Lewbel IV includes an exogenous instrumental variable (see Section 4.2). Significance levels: *p < 0.1; **p < 0.05; ***p < 0.01

Source(s): Authors’ own work

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