Appendix Table A1 (continued)

Independent variable, statistic	2000	2002	2004
C Equation	H Equation	C Equation	H Equation	C Equation	H Equation
Value	P-val.	Value	P-val.	Value	P-val.	Value	P-val.	Value	P-val.	Value	P-val.
Wood, paper, furniture (VSIC 20, 21, 361), contemporaneous estimates
LE_{ijt}	0.7039	0.00	0.7038	0.00	0.6959	0.00	0.6960	0.00	0.7370	0.00	0.7372	0.00
LK_{ijt}	0.2951	0.00	0.2951	0.00	0.2547	0.00	0.2546	0.00	0.2375	0.00	0.2372	0.00
LE_{ijt}^{2}	-0.0325	0.13	-0.0326	0.13	0.0112	0.47	0.0113	0.47	-0.0196	0.17	-0.0192	0.18
LK_{ijt}^{2}	0.0081	0.35	0.0081	0.35	0.0111	0.01	0.0111	0.01	0.0018	0.68	0.0016	0.70
LELK_{ijt}	0.0488	0.01	0.0489	0.01	0.0107	0.38	0.0108	0.38	0.0438	0.00	0.0441	0.00
DS_{ijt}	0.3837	0.00	0.3839	0.00	0.3171	0.00	0.3176	0.00	0.2860	0.00	0.2870	0.00
DM_{ijt}	-0.3338	0.00	-0.3338	0.00	0.1265	0.08	0.1266	0.08	0.0150	0.82	0.0155	0.81
DJ_{ijt}	0.1936	0.33	0.1937	0.33	0.4372	0.02	0.4368	0.02	0.3766	0.02	0.3772	0.02
C_{jt}, H_{jt}	0.1667	0.46	0.7853	0.37	-0.3310	0.42	-1.8890	0.63	-0.2589	0.21	-0.6075	0.51
Constant	-0.2246	0.02	-0.2060	0.02	0.0528	0.54	0.0315	0.69	-0.0901	0.25	-0.1301	0.06
Obs., Eq.	3,948	1	3,948	2	6,215	1	0	2	10,163	1	10,163	2
Groups	2,015	-	2,015	-	3,278	-	0	-	3,935	-	3,935	-
R^{2}-within	0.435	-	0.435	-	0.212	-	0.212	-	0.306	-	0.305	-
R^{2}-between	0.583	-	0.583	-	0.605	-	0.605	-	0.581	-	0.581	-
R^{2}-overall	0.610	-	0.610	-	0.641	-	0.641	-	0.626	-	0.626	-
T,CD	22.84	0.00	22.86	0.00	24.37	0.00	24.42	0.00	35.87	0.00	36.08	0.00
T,DS=DM	33.48	0.00	33.48	0.00	4.21	0.04	4.24	0.04	9.63	0.00	9.67	0.00
T,DS=DJ	0.84	0.36	0.84	0.36	0.35	0.55	0.35	0.56	0.28	0.60	0.28	0.60
T,DM=DJ	6.56	0.01	6.57	0.01	2.19	0.14	2.17	0.14	4.53	0.03	4.53	0.03
Wood, paper, furniture (VSIC 20, 21, 361), estimates with lagged labor, capital, & concentration
LE_{ijt-1}	0.5315	0.00	0.5313	0.00	0.4586	0.00	0.4587	0.00	0.4979	0.00	0.4981	0.00
LK_{ijt-1}	0.2542	0.00	0.2542	0.00	0.2760	0.00	0.2758	0.00	0.2293	0.00	0.2290	0.00
LE_{ijt-1}^{2}	0.0088	0.72	0.0094	0.70	0.0487	0.00	0.0488	0.00	0.0050	0.75	0.0055	0.73
LK_{ijt-1}^{2}	0.0102	0.20	0.0102	0.20	0.0237	0.00	0.0236	0.00	0.0090	0.07	0.0088	0.07
LELK_{ijt-1}	0.0413	0.07	0.0412	0.07	-0.0056	0.70	-0.0055	0.71	0.0382	0.00	0.0384	0.00
DS_{ijt}	0.3136	0.00	0.3124	0.00	0.2795	0.01	0.2798	0.01	0.2378	0.00	0.2376	0.00
DM_{ijt}	0.0172	0.85	0.0172	0.85	0.2187	0.00	0.2191	0.00	0.2071	0.00	0.2072	0.00
DJ_{ijt}	0.4962	0.01	0.4963	0.01	0.5309	0.01	0.5300	0.01	0.5675	0.00	0.5665	0.00
C_{jt-1}, H_{jt-1}	-0.3452	0.06	-1.6460	0.02	-0.9333	0.01	-9.0131	0.02	-0.5583	0.00	-2.1831	0.00
Constant	0.0383	0.72	0.0030	0.98	0.0946	0.32	0.0641	0.48	0.0996	0.26	0.0296	0.71
Obs., Eq.	2,513	1	2,513	2	4,092	1	4,092	2	6,605	1	6,605	2
Groups	1,256	-	1,256	-	1,829	-	1,829	-	2,150	-	2,150	-
R^{2}-within	0.341	-	0.342	-	0.067	-	0.067	-	0.204	-	0.203	-
R^{2}-between	0.638	-	0.638	-	0.685	-	0.685	-	0.667	-	0.667	-
R^{2}-overall	0.632	-	0.632	-	0.682	-	0.682	-	0.658	-	0.658	-
T,CD	27.12	0.00	27.42	0.00	44.87	0.00	44.87	0.00	46.82	0.00	47.07	0.00
T,DS=DM	5.36	0.02	5.33	0.02	0.29	0.59	0.29	0.59	0.10	0.75	0.10	0.76
T,DS=DJ	0.87	0.35	0.88	0.35	1.47	0.23	1.45	0.23	3.25	0.07	3.23	0.07
T,DM=DJ	7.24	0.01	7.28	0.01	2.45	0.12	2.43	0.12	4.38	0.04	4.34	0.04