Table V Dynamic decomposition of... | Emerald Publishing

Table V

Dynamic decomposition of productivity growth by category (%)

Period	Total change	Firm improvement	Reallocation	Covariance	Net entry	Entry	Exit
State–owned firms	−0.769	0.397	−0.740	−0.357	−0.069	0.866	0.936
Private firms	3.093	4.236	−0.430	−2.734	2.021	5.848	3.826
Light industry	1.030	2.755	−0.809	−1.738	0.822	3.247	2.425
Heavy industry	0.315	0.653	−0.398	−0.471	0.531	1.813	1.282
Other industry	0.979	1.224	0.038	−0.882	0.599	1.654	1.056
Small and medium firms	1.361	1.748	0.338	−1.640	0.914	3.587	2.673
Large firms	0.963	2.884	−1.507	−1.452	1.038	3.127	2.089

Period	Total change	Firm improvement	Reallocation	Covariance	Net entry	Entry	Exit
State–owned firms	−0.769	0.397	−0.740	−0.357	−0.069	0.866	0.936
Private firms	3.093	4.236	−0.430	−2.734	2.021	5.848	3.826
Light industry	1.030	2.755	−0.809	−1.738	0.822	3.247	2.425
Heavy industry	0.315	0.653	−0.398	−0.471	0.531	1.813	1.282
Other industry	0.979	1.224	0.038	−0.882	0.599	1.654	1.056
Small and medium firms	1.361	1.748	0.338	−1.640	0.914	3.587	2.673
Large firms	0.963	2.884	−1.507	−1.452	1.038	3.127	2.089

Source: Estimated from GSO data