From: Formal sector subcontracting and informal sector employment in Indian manufacturing

Employment | Hired workers | Wage bill | Employment | Hired workers | Wage bill | |
---|---|---|---|---|---|---|

ln(FS) | 0.138* | 0.234*** | 0.177** | |||

(0.0710) | (0.0789) | (0.0819) | ||||

ln(FS)*M | 0.112* | 0.119* | 0.124* | |||

(0.0638) | (0.0649) | (0.0635) | ||||

ln(FS)*Q1 | 0.0175 | 0.119 | 0.0354 | |||

(0.0763) | (0.114) | (0.118) | ||||

ln(FS)*Q2 | −0.0386 | 0.0311 | −0.0149 | |||

(0.0982) | (0.0952) | (0.101) | ||||

ln(FS)*Q3 | 0.0963 | 0.305* | 0.394** | |||

(0.150) | (0.159) | (0.196) | ||||

ln(FS)*Q4 | 0.361*** | 0.402*** | 0.277** | |||

(0.139) | (0.135) | (0.133) | ||||

ln(formal emp.) | −0.00768 | −0.139 | −0.104 | 0.0293 | 0.0293 | −0.111 |

(0.0878) | (0.111) | (0.108) | (0.0916) | (0.0916) | (0.114) | |

Constant | 8.057*** | 5.952*** | 16.37*** | 8.268*** | 6.062*** | 16.16*** |

(1.323) | (1.329) | (1.301) | (1.292) | (1.320) | (1.438) | |

Observations | 774 | 774 | 774 | 774 | 774 | 774 |

R-squared | 0.479 | 0.421 | 0.491 | 0.492 | 0.421 | 0.488 |