**Table 4. Non-business use of digital technology and labor market regulations: Multivariate correlations**

|VARIABLES|||||||**No**|**n business u**|**se of the in**|**ternet: linf_**|**index**|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||1|2|3|4|5|6|7|8|9|10|11|12|13|14|15|16|17|
|lgdppcppp|0.875***|0.849***|0.874***|0.869***|0.901***|0.897***|0.861***|0.898***|0.866***|0.886***|0.762***|0.806***|0.805***|0.865***|0.728***|0.797***|0.803***|
||(15.63)|(9.223)|(10.71)|(13.49)|(14.13)|(14.01)|(13.13)|(13.94)|(12.90)|(9.303)|(9.112)|(12.67)|(11.78)|(9.334)|(8.176)|(12.32)|(11.55)|
|lwdi_inflation|0.105*|-0.0860|0.0645|0.125**|0.114*|0.107*|0.117*|0.131**|0.135**|-0.0392|0.0773|0.140**|0.130**|-0.0383|0.145*|0.173***|0.169***|
||(1.867)|(-1.390)|(0.832)|(2.076)|(1.916)|(1.794)|(1.956)|(2.100)|(2.168)|(-0.635)|(1.042)|(2.442)|(2.143)|(-0.624)|(1.847)|(2.997)|(2.813)|
|lopeness|0.0444|0.0316|0.142|0.0674|0.0796|0.0683|0.0700|0.0294|0.0520|0.0372|0.220*|0.0771|0.0782|0.00876|0.186|0.102|0.0882|
||(0.460)|(0.409)|(1.173)|(0.662)|(0.775)|(0.667)|(0.694)|(0.280)|(0.492)|(0.490)|(1.860)|(0.773)|(0.751)|(0.115)|(1.484)|(1.011)|(0.835)|
|linf_index|0.362|-0.393|0.126|0.437|0.362|0.349|0.457*|0.338|0.443|-0.450|0.223|0.484*|0.489*|-0.304|0.509|0.508*|0.501*|
||(1.374)|(-1.520)|(0.341)|(1.597)|(1.327)|(1.270)|(1.660)|(1.220)|(1.579)|(-1.538)|(0.537)|(1.761)|(1.725)|(-1.132)|(1.223)|(1.883)|(1.788)|
|lmwtova_pw||-0.00364|-0.0180|0.120*|0.121*|0.114|0.114|0.117|0.129*|-0.0109|0.0624|0.112|0.111|0.0110|0.0605|0.111|0.112|
|||(-0.0477)|(-0.206)|(1.696)|(1.680)|(1.574)|(1.611)|(1.621)|(1.775)|(-0.139)|(0.736)|(1.611)|(1.537)|(0.144)|(0.687)|(1.588)|(1.543)|
|lrest_oecd||0.0976||||||||-0.0441||||0.00887||||
|||(0.730)||||||||(-0.306)||||(0.0616)||||
|lrest_ilo|||0.103<br>(0.488)||||||||-0.0744<br>(-0.358)||||-0.0226<br>(-0.102)|||
|lepl_db||||-0.217**||||||||-0.251**||||-0.230**||
|||||(-2.296)||||||||(-2.577)||||(-2.266)||
|lrig_hours|||||-0.0734||||-0.0594||||-0.0348||||-0.0472|
||||||(-1.022)||||(-0.804)||||(-0.381)||||(-0.523)|
|ldif_hir_idx||||||0.0232|||-0.0136||||0.0134||||0.000858|
|||||||(0.385)|||(-0.209)||||(0.215)||||(0.0133)|
|ldif_firing_idx|||||||-0.0815**||-0.0813**||||-0.0861**||||-0.0694*|
||||||||(-2.102)||(-2.002)||||(-2.106)||||(-1.690)|
|lfiring_cost_idx||||||||0.113|0.0979||||-0.0288||||0.0314|
|||||||||(1.063)|(0.929)||||(-0.277)||||(0.306)|
|loads_ins||||||||||0.0528|0.117|0.0986|0.112|||||
|||||||||||(0.976)|(1.117)|(1.327)|(1.436)|||||
|loads_emp||||||||||0.104*|0.280***|0.179**|0.170**|||||
|||||||||||(1.817)|(2.723)|(2.242)|(2.010)|||||
|lossp_ins||||||||||||||0.121*|0.168|0.188**|0.192**|
|||||||||||||||(1.734)|(1.476)|(2.423)|(2.364)|
|lossp_emp||||||||||||||0.0221|0.124|0.0609|0.0316|
|||||||||||||||(0.338)|(0.994)|(0.734)|(0.357)|
|Constant|-5.087***|-3.684***|-5.071***|-4.755***|-5.322***|-5.284***|-5.033***|-5.437***|-5.291***|-4.304***|-5.379***|-4.797***|-5.129***|-4.144***|-5.094**|*<br>-4.869***|-5.254***|
||(-9.808)|(-4.666)|(-6.419)|(-7.932)|(-8.934)|(-8.160)|(-8.724)|(-8.450)|(-7.263)|(-5.528)|(-7.227)|(-8.519)|(-7.384)|(-5.301)|(-6.059)|(-8.331)|(-7.060)|
|Observations|135|62|70|113|116|116|114|113|113|54|58|96|96|56|59|99|99|
|R-squared|0.826|0.822|0.836|0.827|0.819|0.817|0.826|0.820|0.828|0.865|0.873|0.863|0.861|0.862|0.860|0.857|0.855|
|t-statistics in pare<br>***p<0.01,**p<0|ntheses<br>.05,*p<0.1|||||||||||||||||

20