Table 13
Summary of the results
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Variables | Denotation | Pooled | Domestic to domestic | Domestic to foreign | Foreign to foreign | Foreign to domestic |
---|---|---|---|---|---|---|
Plant knowledge intensity | Rel_NL_L | P, S | P, S | P, S | P, S | P, NS |
Plant size | Rel_L | P, S | P, S | P, S | N, NS | N, S |
Plant age for younger plants 1 | Age | P, S | P, S | P, S | P, S | P, NS |
Plant age for older plants 1 | Plant_1961 | P, S | P, S | P, S | P, S | P, NS |
Plant number of products | No. of product | P, S | P, S | P, NS | N, NS | P, S |
Unrelated plant binary variable 2 | Unrelated | P, S | P, S | P, S | P, S | P, S |
Change in plant knowledge intensity | ΔRel_NL_L | P, S | P, S | P, S | P, NS | P, S |
Change in plant size | ΔRel_L | P, NS | P, S | P, NS | N, S | N, NS |
Change in plant wage rate | ΔRel_WR | N, S | N, NS | N, NS | N, S | N, S |
Change in plant profit rate | ΔRel_PR | N, NS | N, NS | P, NS | N, S | P, NS |
Number of plants in industry | Ind_Plant | N, S | N, S | N, S | N, S | P, NS |
Industry relative plant size | Ind_Rel_L | P, NS | P, NS | N, NS | P, NS | P, NS |
Industry relative knowledge intensity | Ind_Rel_NL | P, NS | P, NS | P, NS | P, S | N, NS |
Industry relative wage rate | Ind_Rel_WR | P, S | P, S | P, S | N, S | N, NS |
Industry relative profit rate | Ind_Rel_PR | P, S | P, S | P, S | N, NS | N, NS |
Natural resource industries | IND1 | N, NS | N, NS | N, NS | N, NS | P, NS |
Labour-intensive industries | IND2 | N, S | N, S | N, S | N, NS | P, NS |
Product-differentiated industries | IND4 | N, S | N, S | P, NS | N, NS | N, S |
Science-based industries | IND5 | N, NS | N, NS | P, NS | N, NS | N, S |
Plant age for younger plants are for those plants that came into existence after 1961. Plant age for older plants are for plants that came into existence in or before 1961. Since there is no information on the exact age of this group because the database starts in 1961, their age is coded starting in 1961.
Binary variable to capture related or unrelated merger/acquisition. It takes on value of 1 if the acquired plant is owned by a firm whose primary activity is in another industry, and 0 otherwise.
Note(s):
P=Positive; N=Negative; S=Significant; NS=Non-significant at 10%.
Source(s):
Longitudinal Manufacturing Research Database, Statistics Canada.
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