Table 9
Predicted probability of exit
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estimate | standard error | |
---|---|---|
All plants | 0.343 | 0.002 |
By export status | ||
Non-exporters | 0.372 * | 0.002 |
Exporters | 0.210 * | 0.003 |
Difference (marginal effect of being an exporter) | -0.162 * | 0.004 |
By ownership status | ||
Domestic-controlled plants | 0.357 * | 0.002 |
Foreign-controlled plants | 0.264 * | 0.004 |
Difference (marginal effect of being a foreign-controlled plant) | -0.093 * | 0.004 |
p<0.05
Note(s):
Predicted probability is based on probit coefficients in Table 5, and evaluated at the common two-digit industry mean
values of trade cost and real exchange rate changes, and at the group-specific
two-digit industry mean values of relative productivity, relative employment,
and age (this allows for plant characteristics to vary across groups).
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