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s{õ ü ý 2ûø ûRñ8õ "®(+*,.d.®+573.d,}ï " `ø õü òPø ý ïüXýJ ñ+õ {ñ+ýr(ý@òlô)ü ô)ö@ôñ":n6ú¯ò$ô)ñ8õ ø ú 4 6w¦*6ñ+öSúóøþýSý&7+^_`_! ] " ·.[òlôüXú¯øþô)ü{ý }ñ »öSü ùXü @õüXö@ú wø {ñ 24Pù öSò "¦n6("¦* É WÈü ñ bñ+õ "Gø ý ü òlôõü @ö@ô)ü{ýSòPü ô)ð±ð@ñ+ô)ñ+õ` ñ8ýSñ+ü ôÿ#¸ "8. TWI#LG@ YPT ³:9 µ!µ P¹NO? H + CDTW@\TWV'?AKMLANOCDE "^i",^`^_;1,^^ 2wö@õ ñ ôô{"ÈXgø ý Rï É {õlôñ8ýSòlñ8ýå7+^_`_` ] "j·6
ø {ñ ü´ñ+õñ8ýôü ø ù ò " ñ+ú¯ûSù«ÿ{ñ8õòlü q8ñ"ø ý öSý ñ+ú¯ûSù«ÿ}úñ8ýô¸ " FA@:K?ALG@ YKpNOTW@ YP + CDTW@\TWVXNOC$ÔDÒÊ L É ÔDÉ ÌÍyÙDÉ Ê.¾»ùÔDÍyÉ Í4&DÒ Í Ç
0.0012
36000
y=L(p)
0.0008
21000
y=p
0.0004
0 6000
8000
10000
12000
14000
16000
18000
6000 6000
11000
p
p
Productivity density
Equilibria loci
cÈÍ4dÔ-ÒÊ(L)gh*'.¾»ùÔDÍ ÉyÍ4&-ÒÍyÔ-Î
16000
Worker Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x -8.57
-8.32
-13.98
-8.60
-12.80 8.41
10.28
-13.50 8.41
log(net wage net)
10.21
8.41
log(net wage net)
Total -8.73
Intermediary Goods
-8.16
-13.44
-8.30
-13.21 8.41
10.28
-13.83 8.41
log(net wage net)
10.28
8.41
log(net wage net)
Equipment
Construction
-8.61
-13.42
-8.45
-13.21 8.41
10.25
-13.51 8.41
log(net wage net)
Trade
10.21 log(net wage net)
Current Consumption
-8.38
10.24 log(net wage net)
Food
10.24
8.41
log(net wage net)
10.27 log(net wage net)
Transport & telecom.
Services
iÈÍ4d>ÔDÒÊ)L)j:Ç>Ò ÑDÍyÑcdËjÎk*ld'm3$ÊÓÑDËÍÌ21
Worker Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x -7.74
-7.66
-14.80
-7.91
-13.46 8.41
10.28
-14.29 8.41
log(net wage net)
10.21
8.41
log(net wage net)
Total -8.21
Intermediary Goods
-7.60
-14.21
-7.87
-13.76 8.41
10.28
-14.45 8.41
log(net wage net)
10.28
8.41
log(net wage net)
Equipment
Construction
-8.00
-14.13
-7.58
-14.45 8.41
10.25 log(net wage net)
Trade
-14.36 8.41
10.24 log(net wage net)
iÈÍ0dÔDÒ Êw9L
10.21 log(net wage net)
Current Consumption
-7.66
10.24 log(net wage net)
Food
Transport & telecom.
Ç'dÊn- ÊÓÒ3Îk*ldom3$ÊüÑ-ËÍ Ì21
8.41
10.27 log(net wage net)
Services
Firm Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x -8.23
-8.17
-17.91
-8.10
-17.11 8.79
12.37
-20.10 8.81
log(productivity)
12.25
Total
Intermediary Goods
-8.27
-15.99
-7.94
-17.28 11.90
-21.30 8.83
log(productivity)
12.33
8.88 log(productivity)
Current Consumption
-8.10
Construction
-7.80
-17.87
-8.8
-19.83 12.21
-17.69 8.80
log(productivity)
Trade
13.86
log(productivity)
Equipment
8.79
13.29 log(productivity)
Food
-8.27
8.98
8.85
log(productivity)
12.73
8.73
12.43
log(productivity)
log(productivity)
Transport, télécom
Services
iÈÍ0dÔDÒÊ)wL)(:Ò+*p.-ÔDÖÓÌÍ0/ Í 2Ì 1&Îq* d'm3$ÊÓÑDËÍÌ21
Worker Data
6563
productivity
235963
productivity
234669
productivity
299166
6676 4500
24000
4500
6972 4500
24483
wage
wage
Total
Intermediary goods
8016 4600
productivity
314543
productivity
322049
productivity
235558
6824 4500
24000 wage
7188 24500
4500
wage
Equipment
Construction
4500
23833
productivity
266695
productivity
productivity
251630
6545
6639 4540
wage
Trade
21042 wage
Current consumption
413765
22750 wage
Food
22000
6202 4500
wage
Transport & telecom.
iÈÍ4d>ÔDÒÊw9L)('Ö×ÌQÍyÉ r Êm
ÙDÉ4*>ÌËs* -t('Ò*.DÔDÖÓÌÍ0/ Í Ì21u/ Ë}
5Ç dÊ
23750 wage
Services
Worker Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x
8.41
log(net wage)
9.67
log(net wage)
9.74
log(net wage)
9.70
8.41 8.79
11.36
8.41 8.81
log(productivity)
12.33
8.85
Total
log(productivity)
Food
Intermediary Goods
8.41
log(net wage)
9.98
log(net wage)
9.70
log(net wage)
9.74
8.41 8.98
11.27
8.41 8.83
log(productivity)
11.63
8.88 log(productivity)
Current Consumption
Construction
8.41
log(net wage)
9.70
log(net wage)
9.52
log(net wage)
9.70
8.41 11.49
8.41 8.80
log(productivity)
Trade
12.70
log(productivity)
Equipment
8.79
11.48
log(productivity)
10.91
8.73
11.27
log(productivity)
log(productivity)
Transport, télécom
Services
iÈÍ0dÔDÒ Êwv9L/Îk*ld'm
5Ç dÊx/8Ë3Îk*ld'm2(:Ò+*p.-ÔDÖÓÌÍ0/ Í 2Ì 1
0.77
0.40 0.31
monopsony power
monopsony power
monopsony power
x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x y-lines at minimum, 75th and 95th percentiles of monopsony power 0.81
0.45 0.33
8.79
0.35
0.82
0.57
0.34
9.25 log(productivity)
0.31 8.79 log(productivity)
Trade
9.09 log(productivity)
Current consumption monopsony power
0.45
0.40 0.32
log(productivity)
Equipment 0.76
0.84
8.83
Construction monopsony power
0.43
Intermediary goods monopsony power
Food monopsony power
0.77
9.12 log(productivity)
log(productivity)
Total monopsony power
0.38 0.33
8.81 log(productivity)
monopsony power
0.81
0.56
0.32 0.23 9.04 log(productivity)
Transport, telecom
0.74
0.41 0.27 8.73 log(productivity)
Services
|+~o;n c }y P o w ;e~#|h }{}r roJydpu y23 F i g . 1it0y0zl : {}M o
p lscoln r vxsq Lz'o g|P c ty0 i v i t ly|+ i~#n|x Woo r k e r D a t a
Firm Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x
-13.6
log(density)
-9.00
log(density)
-9.03
log(density)
-9.27
-11.91 8.80
10.48 log(mean wage cost)
-12.07 8.88
10.16 log(mean wage cost)
9.06
Food
Total
-12.20
log(density)
-8.89
log(density)
-9.28
log(density)
-9.11
-12.70 9.07
10.26 log(mean wage cost)
-11.99 8.80
Equipment
10.37 log(mean wage cost)
9.01
Current Consumption
log(density)
-9.57
log(density)
-12.80
-12.65 8.83
10.11 log(mean wage cost)
Construction
-9.02
log(density)
-9.42
10.16 log(mean wage cost)
Intermediary Goods
10.47 log(mean wage cost)
-13.45 8.80
Trade
10.28 log(mean wage cost)
8.57
Transport & telecom.
10.75 log(mean wage cost)
Services
ty0zl{}|~ l
~' zl~Al ~#}y2
Firm Data x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x
-13.86
log(density)
-9.62
log(density)
-9.80
log(density)
-9.74
-13.57 10.99
8.62
-13.01 8.52
11.01
8.94
log(value added)
log(value added)
Intermediary Goods
-12.77
log(density)
-9.30
log(density)
-9.82
log(density)
-9.63
-13.35 8.96
10.65
-12.23 8.59
log(value added)
10.90
9.00
log(value added)
Equipment
Construction
log(density)
-9.96
log(density)
log(density)
-9.54
-13.74
-13.50 8.54
11.08 log(value added)
Trade
10.36 log(value added)
Current Consumption
-9.89
10.75 log(value added)
Food
Total
-14.57 8.65
10.77
8.46
log(value added)
Transport & telecom.
y4zl{}|+~ ¢¡p)~#}y2 £ ¤ ¥4{c~r2¦x}}~#
C~ |,§¨©}¥4;l~#~
11.37 log(value added)
Services
42157 mean wage cost
3539 5517
Equipment 78451
5897 7358
36438 mean wage cost
40250
58110
3560 5166
mean wage cost
Trade
28316 mean wage cost
33648
Current Consumption mean value-added
mean value-added
64633
3875 5105
31531 mean wage cost
3170 5147
7002
Intermediary Goods mean value-added
46641
5638 7056
5543
Food mean value-added
mean value-added
Total
52465
28444 mean wage cost
26643 mean wage cost
Construction mean value-added
3852 5137
72355
mean value-added
76277
mean value-added
mean value-added
Firm Data
119311
3014 4258
33579 mean wage cost
Transport & telecom.
57611 mean wage cost
Services
y4zl{}|+~ ;ªc)rJy4¥0~rI}¥4 s £ ¤t¦«C~ |h§¨uc¥4;l~#~wx
~
zl~l
x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x y-lines at 5th, 25th, 50th, 75th and 95th percentiles of y 10.07 9.82 9.60 9.40 9.04
8.74
9.88
9.93
9.69 9.51 9.34
9.77
9.05
9.23
10.92 log(value added per worker)
9.62 9.47
8.72
Total 10.01 9.85 9.66 9.51 9.24
9.05
9.90
9.77
9.75
9.52
9.58
9.29
9.44
8.98
9.24
8.68
9.84 9.59 9.35
10.71 log(value added per worker)
Intermediary Goods
10.04
10.85 log(value added per worker)
9.09
Current Consumption
9.93 9.72 9.55 9.39
10.11
9.03
Food
10.61 log(value added per worker)
Equipment
10.94 log(value added per worker)
10.33 log(value added per worker)
Construction
10.29 9.95 9.65 9.38
9.06
8.91
9.02 8.67
11.02 log(value added per worker)
Trade
8.76
10.70 log(value added per worker)
Transport & telecom.
8.56
11.25 log(value added per worker)
Services
ty4zl{c|~¬}{®'y4¥0~¯h~#zl|~#+y4l}, £tklzu
~' zl~Al
x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x y-lines at 5th, 25th, 50th, 75th and 95th percentiles of y .44 .31 .20 .09
.54 .40 .27 .14
.46 .34 .23 .12
-.27
-.22
-.18
8.74
10.92 log(value added per worker)
8.72
Total
10.94 log(value added per worker)
9.03
Food
.38 .28 .18 .08
10.71 log(value added per worker)
Intermediary Goods .28 .21 .14 .08
.42 .31 .20 .09
-.16
-.26 -.26
9.05
10.61 log(value added per worker)
8.68
Equipment
10.84 log(value added per worker)
9.09
Current Consumption
.50 .37 .25 .13
.42 .31 .21 .11
-.32
10.33 log(value added per worker)
Construction .44 .29 .17 .07
-.24 -.38
8.67
11.02 log(value added per worker)
8.76
Trade
10.70 log(value added per worker)
8.55
Transport & telecom.
11.25 log(value added per worker)
Services
y4zl{}|+~ ¢°p{®'y4¥0~w¯h~#zl|~#y0l}, £t| ±}x¯h'J~#,lty4|+¨²'J
x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x y-lines at 5th, 25th, 50th, 75th and 95th percentiles of y 10.11
10.13 10.16
9.84
9.89 9.81
9.58
9.67
9.55 5.35
11.85
6.42
log(capital)
12.85
10.10
Intermediary goods
9.92
10.08 9.77
9.87
9.74
9.45
9.57
9.65 12.58
5.67
log(capital)
11.92
5.43
log(capital)
Equipment
12.67 log(capital)
Food
5.98
6.35
log(capital)
Total
10.36 log(capital)
Current consumption
Construction
10.20 10.19
10.03 9.89
9.86
9.81 9.60
9.53
9.59 5.44
11.31 log(capital)
Trade
5.40
11.82
4.73
log(capital)
Transport & telecom.
2.5% upper and lower values of x trimmed
11.48 log(capital)
Services
zl{}|+~ ;³c{®'y4¥0~w¯h~#zl|~#y0l}, £´
~'¤¦«l¶µ| hs }y ¥ F i g . 2 1 : Q u a n ti ly4e Reg. of VA per Worker on Gross Capital on Firm Data
x-lines at 5th, 25th, 50th, 75th and 95th percentiles of x y-lines at 5th, 25th, 50th, 75th and 95th percentiles of y 133
195
185
57
81
75
34 23 8
39 25 13 8.74
10.92 log(value added per worker)
39 26 17 8.72
10.94 log(value added per worker)
9.03
Food
Total 233
10.71 log(value added per worker)
Intermediary Goods 98
171
49 89
74
41 26 20
39 26 18 9.05
10.61 log(value added per worker)
Equipment 91
32 23 14 8.68
10.84 log(value added per worker)
136
45
54 32 22 7
36 25 12
5 8.67
11.02 log(value added per worker)
Trade
10.33 log(value added per worker)
Construction 119
60
28 20
9.09
Current Consumption
8.76
10.70 log(value added per worker)
Transport & telecom.
8.55
11.25 log(value added per worker)
Services
ty0zl{}|~·¢¸p{® ¹Jy0¥4~¯,~ z |~ +y0l}h £´q ºCl|,®l|+ ~l
ty4|+¨»o
