share of firms in each productivity quartile in year t and year t-5, by outcome size class
Table:
all medium-sized firms
become large
remain medium-sized
become small

percent

productivity quartile in year t

first quartile
24.9
13.9
22.1
40.7

second quartile
25.0
16.7
25.4
24.3

third quartile
25.0
30.1
26.1
18.5

fourth quartile
25.1
39.3
26.5
16.5

productivity quartile in year t-5

first quartile
24.9
17.1
23.3
33.9

second quartile
25.0
15.9
25.1
25.6

third quartile
25.0
27.1
25.5
22.3

fourth quartile
25.1
39.9
26.1
18.2

Provide the shortest accurate answer you can to the following question, based only on the table data. Enclose the answer in the list of the following JSON object {"answer": ["YOUR ANSWER"]}. If more than one item applies, separate items with commas. 'share of firms in each productivity quartile in year t and year t-5, by outcome size class' is the caption of the table. Using the table, respond to this question: What was the percentage of firms that become large in the third and fourth productivity quartiles one year prior to the transition?

{"answer": ["69.4"]}