Table 3-2: The Effects of For-Profit Status and the Treatments on Quality of Workers (Insurance Effect (A))

Share of Regular Workers	Share of Qualified Workers	Share of Male Workers	Job Instability (Regular) (With Plan to Hire Additional Workers)	Job Stability (Regular) (No Plan to Hire Additional Workers)	Job Instability (Non-Regular) (With Plan to Hire Additional Workers)	Job Stability (Non-Regular) (No Plan to Hire Additional Workers)	Insufficient in Future (Home Helper)	Insufficient in Future (Care Manager)	Insufficient in Future (Staff Nurse)	Insufficient in Future (Staff Semi-Nurse)	Insufficient in Future (Staff Semi-Nurse)	Professional Training (inside or outside)	Professional Training (inside only)	Professional Training (outside only)
Panel (3) Employment Insurance (Regular Workers)
Profit Dummy	-0.007	0.004	0.009	0.051	**	-0.050	**	0.068	**	0.014	0.164	**	0.042	-0.006	-0.152	**
(0.020)	(0.017)	(0.012)	(0.024)	(0.023)	(0.032)	(0.042)	(0.037)	(0.045)	(0.029)	(0.043)	(0.030)	(0.044)	(0.029)	(0.032)
Treatments	-0.079	-0.073	0.120	**	-0.032	*	-0.019	0.121	0.102	**	0.109	**	0.141	*	-0.523	**
(0.151)	(0.060)	(0.031)	(0.018)	(0.078)	(0.108)	(0.031)	(0.027)	(0.191)	(0.078)	(0.061)	(0.112)	(0.077)	(0.022)	(0.127)
Log likelihood	-314.048	-78.536	332.962	-550.666	-488.211	-852.478	-1170.692	-1013.242	-1160.547	-714.4275	-1002.377	-786.6636	-1059.983	-500.1359	-826.3728
Panel (4) Employment Insurance (Short-term Workers)
Profit Dummy	-0.004	0.016	0.002	0.052	**	-0.044	*	0.069	**	-0.019	0.162	**	0.046	0.043	-0.002	-0.140
(0.020)	(0.019)	(0.013)	(0.024)	(0.023)	(0.032)	(0.018)	(0.018)	(0.037)	(0.043)	(0.028)	(0.037)	(0.030)	(0.041)	(0.024)
Treatments	-0.067	-0.251	**	-0.004	-0.126	**	0.021	-0.056	0.076	0.086	0.001	0.047	0.006	-0.016	-0.004
(0.064)	(0.018)	(0.013)	(0.018)	(0.043)	(0.079)	(0.035)	(0.079)	(0.196)	(0.064)	(0.131)	(0.064)	(0.298)	(0.053)	(0.028)
Log likelihood	-297.868	-32.046	383.504	-524.526	-460.158	-828.194	-153.943	-996.0442	-1135.97	-689.0242	-985.4664	-757.9308	-1039.793	-514.8996	-766.8375
Panel (5) Employment Insurance (Non-Regular Workers)
Profit Dummy	0.002	0.003	0.010	0.052	**	-0.054	**	0.069	**	-0.018	0.154	**	0.009	0.024	-0.002	-0.126
(0.020)	(0.018)	(0.013)	(0.024)	(0.025)	(0.032)	(0.019)	(0.037)	(0.048)	(0.031)	(0.041)	(0.033)	(0.043)	(0.026)	(0.031)
Treatments	-0.080	-0.278	**	-0.056	0.335	**	-0.023	0.239	**	0.003	0.800	**	0.639	**	-0.653
(0.052)	(0.016)	(0.012)	(0.050)	(0.023)	(0.070)	(0.013)	(0.100)	(0.062)	(0.030)	(0.045)	(0.028)	(0.055)	(0.032)	(0.031)
Log likelihood	-110.749	169.886	570.800	-336.145	-244.258	-635.448	157.184	-808.0665	-933.089	-477.8651	-785.5589	-531.6571	-836.0041	-316.0055	-611.3822
Panel (6) Work-Related Accident Compensation Insurance (Regular Workers)
Profit Dummy	-0.008	0.005	0.011	0.052	**	-0.050	**	0.071	**	-0.021	0.165	**	0.049	0.043	-0.002	-0.141
(0.020)	(0.017)	(0.011)	(0.026)	(0.023)	(0.032)	(0.018)	(0.018)	(0.044)	(0.048)	(0.029)	(0.043)	(0.035)	(0.043)	(0.028)
Treatments	0.062	-0.108	**	0.211	**	-0.022	0.114	-0.039	-0.480	**	-0.517	**	-0.550	**	-0.334
(0.089)	(0.047)	(0.049)	(0.061)	(0.096)	(0.108)	(0.041)	(0.061)	(0.116)	(0.090)	(0.055)	(0.042)	(0.101)	(0.025)	(0.144)
Log likelihood	-311.571	-73.022	-547.108	-486.605	-851.293	-176.706	-1005.395	-1156.216	-711.8464	-996.4044	-776.2487	-1059.6	-515.0508	-824.1783
Panel (7) Work-Related Accident Compensation Insurance (Short-Term Workers)
Profit Dummy	-0.007	0.008	0.008	0.052	**	-0.049	**	0.064	*	-0.021	0.164	**	0.050	0.042	0.026	-0.142
(0.020)	(0.019)	(0.014)	(0.024)	(0.023)	(0.036)	(0.018)	(0.018)	(0.037)	(0.042)	(0.028)	(0.037)	(0.030)	(0.039)	(0.024)
Treatments	-0.083	-0.257	**	0.184	**	-0.105	*	0.404	**	-0.044	0.100	0.030	0.039	0.071	0.123
(0.062)	(0.018)	(0.012)	(0.082)	(0.054)	(0.063)	(0.035)	(0.072)	(0.187)	(0.071)	(0.124)	(0.073)	(0.109)	(0.058)	(0.104)
Log likelihood	-344.127	-73.193	335.370	-574.506	-507.910	-876.786	-203.715	-1044.55	-1186.308	-738.5283	-1032.366	-808.6064	-1088.79	-564.5121	-852.0128
Panel (8) Work-Related Accident Compensation Insurance (Non-Regular Workers)
Profit Dummy	-0.007	0.000	0.012	0.058	**	-0.045	*	0.070	**	-0.017	0.162	**	0.047	0.044	0.024	0.001
(0.020)	(0.019)	(0.011)	(0.024)	(0.027)	(0.032)	(0.021)	(0.037)	(0.042)	(0.028)	(0.037)	(0.030)	(0.046)	(0.027)	(0.037)
Treatments	-0.046	-0.272	**	-0.068	**	0.322	**	0.007	0.241	**	0.013	0.127	0.009	0.040	-0.588
(0.051)	(0.016)	(0.032)	(0.093)	(0.022)	(0.070)	(0.013)	(0.069)	(0.174)	(0.058)	(0.118)	(0.077)	(0.061)	(0.033)	(0.033)
Log likelihood	-323.833	-43.338	327.789	-557.599	-462.939	-856.445	-109.989	-1027.107	-1165.772	-718.6089	-1015.681	-792.1098	-1060.766	-540.6555	-811.4718

(Note) The estimated coefficients on a dummy variable for for-profit status and estimated treatment effects in Equation (1). The numbers in the parenthesis are standard errors.

* refers to 10% level significance and ** does to 5% level in the last column.