Table 4

Blinder–Oaxaca decomposition by company size

Coefficientp-value
Over 10 employees0.2530.000
Fewer than 10 employees0.0430.000
Difference0.2100.000
Explained component0.2150.000
Unexplained component−0.0050.053
Persistence (Y in t−1)0.0740.000
Firms’ characteristics
Age−0.0180.000
Age squared0.0060.000
Size0.1450.000
Productivity0.0090.000
Debt0.0000.299
Debt squared0.0000.302
ROE0.0000.000

Source(s): Compiled by the authors

or Create an Account

Close Modal
Close Modal