Table 3 Output elasticity estimates at... | Emerald Publishing

Table 3

Output elasticity estimates at the firm level

	Microfirms <10 employees	Low-market share firms	High-market share firms
R&D
Output elasticity of R&D (eq. 11)	0.06	0.05	0.04
Standard deviation	0.10	0.07	0.13
Output elasticity of R&D (eq. 10)	0.06	0.02	0.02
Standard deviation	0.29	0.06	0.14
OC
Output elasticity of OC (eq. 11)	0.054	0.032	0.035
Standard deviation	0.11	0.083	0.112
Output elasticity of OC (eq. 10)	0.051	0.032	0.023
Standard deviation	0.22	0.103	0.146

	Microfirms <10 employees	Low-market share firms	High-market share firms
R&D
Output elasticity of R&D (eq. 11)	0.06	0.05	0.04
Standard deviation	0.10	0.07	0.13
Output elasticity of R&D (eq. 10)	0.06	0.02	0.02
Standard deviation	0.29	0.06	0.14
OC
Output elasticity of OC (eq. 11)	0.054	0.032	0.035
Standard deviation	0.11	0.083	0.112
Output elasticity of OC (eq. 10)	0.051	0.032	0.023
Standard deviation	0.22	0.103	0.146