Table 1 Descriptive statistics Mean Std.... | Emerald Publishing

Table 1

Descriptive statistics

	Mean	Std. Dev	Maximum	Minimum	ADF
Labour productivity growth	0.0466	0.0934	0.2135	−0.1486	5.498709***
Workforce growth	0.0191	0.0505	0.1253	−0.1522	−3.1344
Capital income ratio	5.8540	1.4819	10.1024	3.3238	−2.5620
Real wage rate growth	0.0115	0.0461	0.0811	−0.1850	−6.0534***
Employment rate	0.7690	0.0114	0.7861	0.7410	−2.1565
Employment rate growth	0.0005	0.0111	0.03636	−0.0261	−3.4132*
Wage share	0.2915	0.1402	0.5194	0.1296	−1.6441
Wage share growth	−0.0350	0.1013	0.1714	−0.2860	−5.4797***

	Mean	Std. Dev	Maximum	Minimum	ADF
Labour productivity growth	0.0466	0.0934	0.2135	−0.1486	5.498709***
Workforce growth	0.0191	0.0505	0.1253	−0.1522	−3.1344
Capital income ratio	5.8540	1.4819	10.1024	3.3238	−2.5620
Real wage rate growth	0.0115	0.0461	0.0811	−0.1850	−6.0534***
Employment rate	0.7690	0.0114	0.7861	0.7410	−2.1565
Employment rate growth	0.0005	0.0111	0.03636	−0.0261	−3.4132*
Wage share	0.2915	0.1402	0.5194	0.1296	−1.6441
Wage share growth	−0.0350	0.1013	0.1714	−0.2860	−5.4797***

Note(s): ***, ** and * indicate the statistical significance at the 1, 5 and 10% levels, respectively

Source(s): Authors’ calculation