20
Table 3: Logistic Regressions of Labor Disputes in Multinational Companies in China, 1994-1996
Model
1 Model
2 Model
3 Model
4
Intercept
-7.14** -7.56** -6.07* -5.86*
MNC Type (reference=equity joint ventures):
Wholly Foreign-owned Enterprises
Cooperative Joint Ventures
-0.96*
-0.48
-0.99*
-0.53
-1.03*
-0.52
-1.08**
-0.50
Chinese Ownership (proportion)
-0.89 -0.90# -0.88# -1.03#
Average Wage (natural log)
0.78* 0.53 0.02 0.09
Profitability, Lagged by 1 Year (%)
-0.12*
-0.13**
-0.13**
-0.13*
Firm Size (natural log)
--
0.38** 0.38** 0.38**
Capitalization (natural log)
--
0.15# 0.15# 0.14#
City Size (natural log)
-- --
0.24* 0.13
City GDP (per capita, natural log)
-- --
0.89** 1.09**
City Industrialization (proportion)
-- --
1.04 -0.12
City SOE Dominance (proportion)
-- -- --
0.86*
Origin of Foreign Partner (ref.=Hong Kong & Macao):
Japan
Korea
Southeast Asia
North America, Western Europe, & Oceania
Taiwan
Other
0.36
1.44*
0.71#
-0.08
0.39
0.37
0.38
1.50*
0.68#
-0.15
0.40
0.45
0.36
1.50**
0.74#
-0.20
0.43#
0.35
0.31
1.50**
0.64
-0.23
0.37
0.31
Year (reference=1994)
Year 1995
Year 1996
-0.17
-0.27
-0.13
-0.22
-0.26
-0.27
-0.21
-0.25
Log-Likelihood
-495.08 -485.27 -471.41 -468.88
Notes: The sample consists of 2,155 firm-years from 858 multinational companies in China.
Not presented are firm-level random effects and industry-level fixed effects.
# indicates p<0.10, * indicates p<0.05, and ** indicates p<0.01. All tests are two-tailed.
Convention