53 Table 10: Estimation results for France, all sectors Within Estimator First Difference Estimator FRA_1 FRA_2 FRA_3 FRA_4 FRA_5 FRA_6 FRA_7 FRA_8 FRA_1 FRA_2 FRA_3 FRA_4 FRA_5 FRA_6 FRA_7 FRA_8 growth -0.045 -0.036 -0.007 -0.253*** -0.263*** -0.209*** -0.194*** -0.194*** -0.182*** -0.183*** -0.180*** -0.263*** -0.274*** -0.260*** -0.269*** -0.268*** (0.515) (0.604) (0.925) (0.002) (0.002) (0.008) (0.009) (0.009) (0.004) (0.003) (0.003) (0.000) (0.000) (0.000) (0.000) (0.000) capital stock_t-1 0.119*** 0.111*** 0.116*** 0.276*** 0.273*** 0.275*** (0.002) (0.003) (0.002) (0.001) (0.001) (0.001) int. imports_t-1 -0.420*** -0.631*** -0.629*** -0.486* -0.473* -0.487* (0.006) (0.003) (0.000) (0.083) (0.094) (0.085) other imports_t-1 0.637*** 0.557*** 0.522*** 0.292*** 0.277*** 0.283*** (0.000) (0.000) (0.000) (0.001) (0.002) (0.003) social government_t-1 0.022*** 0.026*** 0.010** 0.009** 0.008 0.017*** 0.012*** 0.011** (0.001) (0.001) (0.013) (0.035) (0.382) (0.000) (0.009) (0.032) bargaining cov_t-1 0.010*** 0.009*** 0.005 0.004 (0.001) (0.005) (0.441) (0.110) ICT capital_t-1 0.017 -0.023* -0.023 -0.002 -0.002 0.002 0.004 -0.010 -0.001 0.001 (0.183) (0.070) (0.114) (0.907) (0.911) (0.877) (0.807) (0.540) (0.957) (0.944) non-ICT capital_t-1 -0.075** -0.043* -0.036 -0.069*** -0.069*** 0.141*** 0.107*** 0.154*** 0.110*** 0.106*** (0.013) (0.057) (0.147) (0.002) (0.002) (0.000) (0.003) (0.000) (0.003) (0.006) outward FDI_t-1 0.281*** 0.261*** 0.236** 0.234** 0.233** -0.038 -0.025 -0.035 -0.033 -0.037 (0.001) (0.006) (0.013) (0.024) (0.025) (0.707) (0.807) (0.731) (0.751) (0.728) hh debt_t-1 0.078*** 0.069*** 0.073** 0.067* (0.001) (0.002) (0.045) (0.052) fin. income_t-1 -0.057*** -0.053** -0.016 -0.010 (0.003) (0.014) (0.510) (0.678) fin. payments_t-1 0.134*** 0.139*** 0.035 0.033 (0.000) (0.000) (0.377) (0.407) migration_t-1 0.041 -0.065 -0.513 -0.481 (0.925) (0.901) (0.480) (0.507) gini_t-1 0.001 0.003 (0.479) (0.481) constant 0.458*** 0.200*** -0.438** 0.330*** -0.089 -0.557* -0.154 -0.131 (0.000) (0.003) (0.024) (0.006) (0.656) (0.097) (0.475) (0.537) withR2 0.560 0.594 0.610 0.234 0.311 0.280 0.368 0.368 0.338 0.336 0.336 0.288 0.322 0.290 0.329 0.328 F-test 74.130 70.228 143.113 14.990 23.231 14.254 1064.448 1108.347 13.186 12.708 10.418 14.833 15.723 13.259 11.576 10.525 obs 138 138 138 391 391 391 391 391 125 125 125 367 367 367 367 367 number of sectors 8 8 8 20 20 20 20 20 8 8 8 20 20 20 20 20 Notes: The dependent variable is the within sector wage share. All estimations exclude Agriculture, Hunting, Forestry and Fishing; and Mining and Quarrying sectors as well as public sectors (Public Administration and Defence; Compulsory Social Security; Education; Human Health and Social Work Activities). Estimation methods in column titles. P-values below the estimation coefficients in parenthesis. *, **, *** denote statistical significant at the 1%, 5% and 10% level, respectively.