Table 12 First-stage regressions: returns to employer, occupation, industry, and sector tenure

Endogenous variable

(1)

(2)

(3)

(4)

(5)

Employer

Occupation

Industry

Sector

Employer tenure >1

Employer tenure

1.005***

0.095

−0.050

−0.208***

0.034***

(0.055)

(0.062)

(0.061)

(0.062)

(0.008)

Occupation tenure

0.142***

0.928***

0.054

0.084**

0.012**

(0.037)

(0.038)

(0.039)

(0.039)

(0.005)

Industry tenure

−0.072*

−0.008

0.953***

0.031

−0.011

(0.044)

(0.048)

(0.055)

(0.051)

(0.008)

Potential experience

0.024***

0.008

0.028***

0.021***

0.002*

(0.008)

(0.006)

(0.008)

(0.008)

(0.001)

Sector tenure

−0.153***

−0.076*

−0.074*

0.929***

−0.016**

(0.042)

(0.045)

(0.044)

(0.049)

(0.006)

Employer tenure >1

0.363**

0.320**

0.262*

0.704***

1.002***

(0.141)

(0.142)

(0.149)

(0.150)

(0.015)

Informal

−0.947***

−0.441***

−0.999***

−0.460***

−0.098***

(0.110)

(0.106)

(0.117)

(0.113)

(0.016)

Married

0.915***

0.711***

1.102***

1.044***

0.102***

(0.129)

(0.127)

(0.138)

(0.134)

(0.018)

Education

0.020

−0.014

0.025

−0.005

0.002

(0.022)

(0.021)

(0.023)

(0.022)

(0.003)

Province unemployment

−0.012

0.052

0.013

0.057

−0.006

Rate

(0.046)

(0.046)

(0.049)

(0.049)

(0.007)

R-squared

0.57

0.57

0.65

0.57

0.64

F-statistic

30.57

24.15

50.95

30.42

124.00

Panel B. Non-linear model

Endogenous variable

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

Employer

Employer tenure²

Occupation tenure

Occupation tenure²

Occupation tenure³

Industry tenure

Industry tenure²

Industry tenure³

Sector tenure

Sector tenure²

Sector tenure³

Employer tenure >1

Employer tenure

0.779***

−2.461

0.163

2.542

36.362*

0.325**

5.038**

75.129*

0.330**

5.464**

86.490**

0.031

(0.150)

(1.962)

(0.146)

(1.698)

(21.452)

(0.161)

(2.530)

(39.717)

(0.164)

(2.526)

(39.355)

(0.021)

Employer tenure²

0.017

1.124***

−0.003

−0.085

−1.458

−0.026**

−0.402**

₋5.994**

−0.034***

−0.498**

−7.243**

0.000

(0.011)

(0.155)

(0.010)

(0.128)

(1.701)

(0.011)

(0.189)

(3.010)

(0.012)

(0.196)

(3.097)

(0.001)

Occupation tenure

0.049

−1.508

0.870***

2.308

70.284**

0.091

0.408

5.892

0.073

−0.841

−24.604

0.074***

(0.234)

(3.391)

(0.202)

(2.430)

(30.854)

(0.227)

(3.384)

(50.875)

(0.245)

(3.607)

(53.279)

(0.026)

Occupation tenure²

0.006

0.359

−0.014

0.103

−17.233***

−0.013

−0.135

−2.690

−0.002

0.218

4.747

−0.009**

(0.040)

(0.598)

(0.034)

(0.428)

(5.629)

(0.038)

(0.595)

(9.158)

(0.042)

(0.638)

(9.583)

(0.004)

Occupation tenure³

0.000

−0.008

0.002

0.048**

1.803***

0.001

0.013

0.247

0.000

−0.005

−0.122

0.000**

(0.002)

(0.028)

(0.002)

(0.020)

(0.280)

(0.002)

(0.028)

(0.436)

(0.002)

(0.030)

(0.460)

(0.000)

Industry tenure

0.093

4.078

0.041

0.951

16.320

0.187

−4.832

−5.883

0.723***

10.064**

134.044**

−0.105***

(0.228)

(3.323)

(0.185)

(1.922)

(22.267)

(0.238)

(3.580)

(54.697)

(0.277)

(4.119)

(62.132)

(0.032)

Industry tenure²

−0.016

−0.562

−0.023

−0.339

−4.976

0.071*

1.190**

−3.408

−0.114***

−1.570**

−20.905**

0.014***

(0.034)

(0.516)

(0.026)

(0.278)

(3.364)

(0.037)

(0.598)

(9.539)

(0.042)

(0.663)

(10.277)

(0.004)

Industry tenure³

0.000

0.017

0.001

0.021*

0.297*

−0.001

0.008

1.265***

0.005**

0.066**

0.889*

−0.001***

(0.001)

(0.022)

(0.001)

(0.012)

(0.157)

(0.002)

(0.028)

(0.451)

(0.002)

(0.030)

(0.481)

(0.000)

Potential experience

0.184***

1.918***

0.095***

0.881***

8.015***

0.250***

2.838***

32.187***

0.206***

2.127***

21.902***

0.021***

(0.027)

(0.310)

(0.027)

(0.276)

(3.022)

(0.029)

(0.355)

(4.484)

(0.028)

(0.347)

(4.517)

(0.004)

Potential experience²

−0.006***

−0.062***

−0.003***

−0.028**

−0.260**

−0.008***

−0.093***

−1.055***

−0.007***

−0.065***

−0.588**

−0.001***

(0.001)

(0.014)

(0.001)

(0.012)

(0.131)

(0.001)

(0.016)

(0.203)

(0.001)

(0.017)

(0.229)

(0.000)

Potential experience³

0.000***

0.001***

0.000**

0.000*

0.002

0.000***

0.001***

0.010***

0.000***

0.001***

0.005*

0.000***

(0.000)

(0.000)

(0.000)

(0.000)

(0.001)

(0.000)

(0.000)

(0.002)

(0.000)

(0.000)

(0.003)

(0.000)

Sector tenure

0.469**

5.947**

0.263

2.191

17.103

0.403**

4.819*

59.537

0.081

−7.253**

−45.638

0.066**

(0.192)

(2.441)

(0.176)

(1.799)

(20.696)

(0.202)

(2.782)

(41.180)

(0.241)

(3.543)

(52.817)

(0.034)

Sector tenure²

−0.077***

−0.876**

−0.035

−0.228

−1.018

−0.061**

−0.723*

−9.301

0.099**

1.635***

2.318

−0.013***

(0.027)

(0.371)

(0.025)

(0.270)

(3.346)

(0.028)

(0.419)

(6.432)

(0.039)

(0.614)

(9.523)

(0.004)

Sector tenure³

0.002**

0.025

0.001

0.001

−0.050

0.002

0.021

0.287

−0.003*

−0.021

0.899*

0.001***

(0.001)

(0.016)

(0.001)

(0.012)

(0.153)

(0.001)

(0.018)

(0.288)

(0.002)

(0.030)

(0.482)

(0.000)

Employer tenure >1

−0.116

−1.911

0.006

−2.425

−52.885**

0.083

−2.031

−68.234

0.212

−0.444

−46.268

0.983***

(0.211)

(2.542)

(0.208)

(2.203)

(24.931)

(0.220)

(2.969)

(42.231)

(0.231)

(3.084)

(43.360)

(0.026)

Informal

−0.847***

−9.740***

−0.366***

−4.022***

−45.119***

−0.860***

10.602***

24.954***

−0.342***

−4.870***

61.468***

−0.089***

(0.109)

(1.291)

(0.106)

(1.104)

(12.213)

(0.112)

(1.364)

(17.491)

(0.112)

(1.352)

(17.286)

(0.016)

Married

0.595***

7.235***

0.516***

5.824***

66.082***

0.611***

7.688***

98.061***

0.643***

8.460***1

10.001***

0.062***

(0.130)

(1.552)

(0.140)

(1.526)

(17.754)

(0.138)

(1.716)

(22.758)

(0.136)

(1.649)

(21.135)

(0.020)

Education

0.235***

4.179***

0.116

1.210

9.337

0.203**

3.683***

52.923***

0.263***

4.385***

60.189***

−0.022

(0.090)

(1.073)

(0.089)

(0.945)

(10.543)

(0.092)

(1.119)

(14.314)

(0.088)

(1.094)

(14.256)

(0.013)

Education²

−0.010**

−0.192***

−0.006

−0.072

−0.647

−0.008*

−0.165***

−2.441***

−0.013***

−0.216***

−2.967***

0.001*

(0.004)

(0.049)

(0.004)

(0.045)

(0.495)

(0.004)

(0.052)

(0.655)

(0.004)

(0.050)

(0.642)

(0.001)

Province unemployment

−0.016

−0.089

0.031

0.299

3.228

−0.006

0.043

0.940

0.070

0.823

10.333

−0.007

Rate

(0.045)

(0.549)

(0.044)

(0.481)

(5.510)

(0.047)

(0.593)

(7.877)

(0.048)

(0.592)

(7.823)

(0.007)

R-squared

0.58

0.62

0.58

0.66

0.73

0.67

0.72

0.75

0.60

0.63

0.67

0.65

F-statistic

32.89

25.47

29.97

28.64

25.30

66.91

59.82

50.68

41.25

29.75

21.46

103.22