Table 4 The impact of GVCs participation on labor compensation share.
From: Will falling domestic labor compensation share really be improved when global trade slowdown?
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
GVCParticipation | −0.10*** (−2.74) | −0.11*** (−2.77) | ||||
GVCParForward | 0.07 (1.30) | 0.08 (1.37) | ||||
GVCParBackward | −0.09*** (−2.98) | −0.09*** (−3.01) | ||||
VTech | 0.002 (0.69) | 0.001 (0.88) | 0.001 (0.90) | |||
CS | 0.01*** (4.28) | 0.007*** (4.05) | −0.004 (−1.16) | |||
Highskill | 0.04*** (3.47) | 0.04*** (3.46) | 0.04*** (3.58) | |||
KL | 0.06 (1.15) | 0.03 (0.83) | 0.06 (0.73) | |||
Constant term | 0.53*** (38.82) | 0.50*** (34.72) | 0.48*** (51.23) | 0.45*** (42.50) | 0.51*** (68.91) | 0.52*** (42.70) |
Observations | 920 | 920 | 920 | 920 | 920 | 920 |
R2 | 0.17 | 0.62 | 0.16 | 0.57 | 0.17 | 0.66 |
