<u>(as a ratio to cross-country sectoral average)</u>

|**total economy**|**cross-**<br>**country**<br>**average**<br>**8.1**|**Chile**|**Colombia**|**Mexico**<br>1.16|**Slovenia**<br>1.08|**Hungary**<br>1.16|**Estonia**<br>1.16|**Brazil**|**Latvia**<br>0.91|**Romania**<br>0.99|**Argentina**<br>1.00|
|---|---|---|---|---|---|---|---|---|---|---|---|
|**_Agriculture, Hunting, Forestry And Fishing_**|**9.4**|||0.79|1.05|0.72|1.20|||0.73|0.93|
|**_Mining And Quarrying_**|**7.1**|||1.04|1.44|0.77|2.37|0.92|1.45||0.89|
|**_Total Manufacturing_**|**7.1**|1.01|0.77|0.97|1.14|1.23|1.13|1.30|1.01|0.87|0.84|
|Food Products, Beverages And Tobacco|**6.8**|1.08|0.68|0.85|0.48|1.41|0.95|1.57|0.86||0.89|
|Textiles, Textile Products, Leather And Footwear|**8.3**|0.80|0.85|1.30|0.70|1.25|0.83|1.44|0.83||0.90|
|Wood And Products Of Wood And Cork|**9.1**|1.33|1.00|1.24|0.84|1.29|0.96|1.37|0.79||0.89|
|Publishing, Printing And Reproduction Of Recorded Media|**7.6**|0.82|0.66|1.01|1.24|1.18|0.84|1.33|1.16|0.99|0.81|
|Coke, Refined Petroleum Products And Nuclear Fuel|**9.5**|0.74|0.27|1.00|6.60|0.02|8.08|0.37|4.58|0.91|0.11|
|Chemicals And Chemical Products|**4.3**|1.51|0.80|0.80|0.38|0.48|1.17|1.26|0.97|0.81|0.79|
|Rubber And Plastics Products|**6.3**|1.16|0.77|1.07|1.00|1.64|0.94|1.35|1.44|0.32|0.85|
|Other Non-Metallic Mineral Products|**6.4**|0.95|0.69|1.02|0.85|1.51|0.88|1.23|1.16|0.30|0.66|
|Basic Metals|**6.2**|0.69|0.46|0.73|1.56|1.72|0.98|0.71|1.57|0.35|0.76|
|Fabricated Metal Products, Except Machinery And Equipment|**8.1**|0.85|0.63|1.20|1.31|1.50|0.72|1.16|1.16|0.52|0.91|
|Machinery And Equipment, N.E.C.|**7.8**|0.77|0.90||2.15|1.12|0.75|0.94|1.15|1.04|0.86|
|Office, Accounting And Computing Machinery|**12.5**|5.37|0.26||0.31|0.88|0.23|0.60|2.11|0.53|1.31|
|Electrical Machinery And Apparatus, Nec|**6.8**|0.62|0.85||0.62|0.73|2.95|0.68|1.24|0.55|0.81|
|Radio, Television And Communication Equipment|**9.0**|4.16|0.52||1.03|0.86|0.73|0.65|0.42|0.26|0.40|
|Medical, Precision And Optical Instruments|**6.4**|0.69|1.13||0.66|1.00|0.88|1.21|1.07|0.41|0.87|
|Motor Vehicles, Trailers And Semi-Trailers|**5.2**|0.99|0.81|0.57|2.33|0.82|0.56|1.58|1.53|0.83|0.73|
|Other Transport Equipment|**9.7**|1.94|0.73|0.69|1.74|1.02|0.23|0.59|0.86|0.18|0.87|
|Manufacturing Nec; Recycling|**9.0**|0.74|1.10|1.19|1.33|1.34|0.97|1.16|0.84|1.15|1.21|
|Electricity, Gas And Water Supply|**5.7**|||0.28|0.57|0.70|0.76||1.27|2.92|0.64|
|Construction|**11.7**|||2.31|0.72|1.11|0.88||0.60|0.46|1.27|
|**_Services_**|**9.1**|||1.08|1.10|1.16|1.10||0.82|1.19|0.90|
|**_Market Services_**|**9.6**|||1.18|0.99|1.08|1.04||0.76|1.10|1.04|
|Wholesale And Retail Trade; Restaurants And Hotels|**10.5**|||1.20|0.97|1.37|1.00||0.71|1.27|1.11|
|Transport And Storage And Communication|**7.8**|||1.11|0.96|0.43|0.88||0.78|0.91|0.98|
|Finance, Insurance, Real Estate And Business Services|**9.6**|||1.01|1.09|1.28|1.45||0.85|0.92|0.93|
|CommunitySocial And Personal Services|**8.7**|||0.61|1.99|1.54|1.18||1.00|1.72|0.62|

**Table 6. Correlation between entry and exit rates across industries, 1990s**

||**Annu**|**al correlation**|Entry/Exit<br>**s**|**Correlation**|**s on time**|Entry/Exit<br>**averages**|
|---|---|---|---|---|---|---|
||Observations =<br>industry*year|Entry/Exit<br>Correlation|Correlation<br>(Weighted)|Observations =<br>industry|Entry/Exit<br>Correlation|Correlation<br>(Weighted)|
|Denmark|85|0.3731*|0.6687*|17|0.5681*|0.8739*|
|France|132|-0.2449*|-0.1025|22|-0.5250*|-0.2986|
|Italy|125|0.0976|0.7999*|25|0.1011|0.6894*|
|Netherlands|175|0.3131*||25|0.6702*||
|Finland|175|0.2717*|0.4084*|23|0.2675|0.2413|
|West Germany|130|0.6880*|0.6242*|13|0.7510*|0.7702*|
|East Germany|56|0.0385|0.5599*|14|0.1855|0.7181*|
|Portugal|124|-0.1239|0.5671*|25|0.3526|0.0331|
|UK|105|0.2845*|0.6412*|15|0.4709|0.7389*|
|USA|199|0.8801*|0.8167*|25|0.8132*|0.9513*|
|Canada|168|0.5782*|0.7683*|21|0.8252*|0.9301*|
|Venezuela||||16|-0.3306|-0.1726|
|Chile|128|0.6323*|0.5504*|18|0.0947|0.3741|
|Colombia|129|0.0319|0.1595|18|0.4385|0.5527*|
|Brazil|38|0.3472*|0.5068*|19|0.395|0.7880*|
|Mexico|220|0.1882*|0.5441*|20|0.7756*|0.9159*|
|Argentina|100|0.0582|0.4971*|25|0.3973*|0.7432*|
|Slovenia|178|-0.05|0.7680*|25|-0.1602|0.4373*|
|Hungary|145|0.2445*|0.5651*|25|0.1917|0.7793*|
|Estonia|59|0.4977*|0.2874*|24|0.3344|0.4621*|
|Latvia|98|-0.0609|0.1511|24|0.294|0.1772|
|Romania|119|0.0826|0.1209|21|0.6098*|0.4066|

Correlations are based on a maximum of 25 industries in the business sector.

* = Significant at 10% level.

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