Your English writing platform
Discover LudwigSuggestions(1)
Exact(6)
Accordingly, greater average competition represents more firms per worker in a municipality and vice versa.
Competition hence, represents number of firms per worker per industry per municipality compared to the sample average (50 biggest municipalities).
The significant negative coefficient of Competition underlines that higher the number of firms per worker in 1997, lower the RECI growth.
Average Competition represents the number of firms per worker (across all industries) in the municipality in question, compared with the sample average.
The study adapts Glaeser et al.'s (1992) measure of local competition in a municipality as the number of firms per worker in an industry in a given municipality relative to the number of firms per worker in this industry in all 50 Colombian municipalities in our sample.
They write:Economic growth is highly correlated with an abundance of small, entrepreneurial firms...a 10% increase in the number of firms per worker in 1977 at the city level correlates with a 9% increase in employment growth between 1977 and 2000.
Similar(54)
All columns include controls for: firms' value added per worker, firms' age, size, level of overtime hours per employee, share of temporary workers, province and sector of activity, all referring to 2008.
Let's assume a firm produces output per worker according to the following production function begin{aligned} y=Ak^alpha h^{1-alpha }. end{aligned}For illustrative purposes we simplify our function for human capital, h making it depended only on years of schooling and experience (h=f s, x).) The firm hires one worker with different attributes s, x and pays him a wage according to those attributes.
Firms paid around $140 per worker each month, but they paid it to the state, which pocketed a big chunk.
firm charges employers $25 per worker, with a $1,500-a-year minimum to cover operating and regulatory costs.
In manufacturing, for example, foreign-owned firms produce about 40% more per worker than indigenous companies.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com