Brown, J. David (contributor); Earle, John S. (contributor) - 2004
the
reform period, while the coefficient on the interaction terms of characteristics with the time
dummy then measures … the additional impact post-reform. Table 5 contains the results from
estimating these equations, as well as the … characteristics that
may be associated with turnover costs, namely capital intensity, average wages (in the post-
reform period), and …