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Erratum: Wage Differentials between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing

    https://doi.org/10.1162/ADEV_x_00087Cited by:0 (Source: Crossref)

    “Wage Differentials between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing” by Eric Ramstetter Volume 31, Issue Number 2, page 70

    The printed table has missing variable names on the left-hand side of the table. The table should appear as follows:

    Table 6:  Multinational-Local Wage Differentials, Other Slope Coefficients, and Equation Indicators from Estimates of Equation (1) for all 17 Sample Industries Combined

     Pooled OLSRandom Effects 
     LaggedContemporaneousLaggedContemporaneous 
    Slope coefficient variable, indicator2001–20042001–20042000–20042001–20042001–20042000–2004 
    LKE = capital intensity0.0242***0.0329***0.0338***0.0183***0.0360***0.0367*** 
    LO = output scale0.1071***0.1178***0.1187***0.1032***0.1229***0.1264*** 
    SH = highly paid share of paid workers0.0074***0.0070***0.0082***0.0037***0.0061***0.0074*** 
    S3 = highly educated share of all workers0.0064***0.0072***0.0060***0.0042***0.0064***0.0049*** 
    S2 = moderately educated share of all workers0.0011***0.0011***0.0005***0.0006***0.0007***0.0001 
    SF = female share of paid workers−0.0039***−0.0035***−0.0036***−0.0032***−0.0026***−0.0025*** 
    DF = MNE–local differential (ratio less 1)0.0890***0.0809***0.0913***0.0749***0.0525***0.0658*** 
    R20.55910.57350.56380.54540.56830.5579 
    Observations21,67126,85534,49121,67126,85534,491 
    Breusch-Pagan Test8,254***10,202***14,135*** 

    *** = significant at the 1% level, ** = significant at the 5% level, * = significant at the 10% level.

    Note: Robust standard errors (clustered by plant for random effects) are used to account for potential heteroskedasticity. Results of the Breusch-Pagan Test (null of no random effects) is always rejected at the 1% level. These results come from estimates that also include year, industry, and region dummies. Full results including constants and coefficients on year, industry, and region dummies are available from the author.