Table 8 Country-wise coefficients for... | Emerald Publishing

Table 8

Country-wise coefficients for cost stickiness and incremental cost changes in EU

Row	Country	Dynamic panel structure
Row	Country	Number of companies	Number of observations per company	Cost stickiness	Adj $R^{2}$
1	Austria	11	10	−0.048 (−0.161)	0.38
2	Belgium	22	10	0.269*** (2.680)	0.26
3	CzechRepublic	1	10	−1.552* (−1.752)	0.38
4	Denmark	23	10	−0.688** (−2.092)	0.26
5	Finland	22	10	−0.272*** (−2.832)	0.25
6	France	77	10	0.280*** (3.296)	0.26
7	Germany	74	10	−0.118 (−1.357)	0.38
8	Greece	9	10	0.419*** (2.692)	0.26
9	Hungary	3	10	−0.055 (−0.079)	0.26
10	Ireland	5	10	0.039* (0.103)	0.37
11	Italy	26	10	0.721*** (3.779)	0.25
12	Netherlands	26	10	−0.141 (−0.950)	0.37
13	Poland	18	10	−0.381* (−1.841)	0.38
14	Portugal	6	10	−0.662* (−1.781)	0.38
15	Spain	34	10	−0.0969 (−0.892)	0.38
16	Sweden	44	10	0.261** (2.464)	0.26
17	UK	180	10	−0.338*** (−11.288)	0.23

Row	Country	Dynamic panel structure
Row	Country	Number of companies	Number of observations per company	Cost stickiness	Adj $R^{2}$
1	Austria	11	10	−0.048 (−0.161)	0.38
2	Belgium	22	10	0.269*** (2.680)	0.26
3	CzechRepublic	1	10	−1.552* (−1.752)	0.38
4	Denmark	23	10	−0.688** (−2.092)	0.26
5	Finland	22	10	−0.272*** (−2.832)	0.25
6	France	77	10	0.280*** (3.296)	0.26
7	Germany	74	10	−0.118 (−1.357)	0.38
8	Greece	9	10	0.419*** (2.692)	0.26
9	Hungary	3	10	−0.055 (−0.079)	0.26
10	Ireland	5	10	0.039* (0.103)	0.37
11	Italy	26	10	0.721*** (3.779)	0.25
12	Netherlands	26	10	−0.141 (−0.950)	0.37
13	Poland	18	10	−0.381* (−1.841)	0.38
14	Portugal	6	10	−0.662* (−1.781)	0.38
15	Spain	34	10	−0.0969 (−0.892)	0.38
16	Sweden	44	10	0.261** (2.464)	0.26
17	UK	180	10	−0.338*** (−11.288)	0.23