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Bribery as a Signal of Employee Skill Bogdan Bonca ... - gwu.edu

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Appendix<br />

The following are preliminary results <strong>of</strong> an ordered logit with average <strong>edu</strong>cational<br />

attainment <strong>of</strong> production employee <strong>as</strong> the dependent:<br />

(1)<br />

percentage <strong>of</strong> sales paid <strong>as</strong> bribes 0.0466***<br />

(0.0159)<br />

ln_sales 0.176*<br />

(0.0933)<br />

size -0.151<br />

(0.194)<br />

manager experience -0.0177<br />

(0.0130)<br />

percentage <strong>of</strong> full time employees trained 0.00767*<br />

(0.00428)<br />

ln_wages_l<strong>as</strong>t_year -0.0163<br />

(0.121)<br />

N 350

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