Impact of change in industry composition: Counterfactuals in 1979 and 2019
1979* | 2019 | |||
---|---|---|---|---|
Actual | With 2019 industry distribution | Actual | With 1979 industry distribution | |
Private-sector union coverage | 22.8% | 20.3% | 7.0% | 7.4% |
Impact of industry composition changes | -2.52% | 0.46% | ||
Regression decomposition | ||||
Impact of industry composition | 2.5% |
* Data for 1979 are pooled May Current Population Survey data for 1978–1980. Difference between 1979 and 2019 means evaluated at 1979 'betas' for industry.
Source: Current Population Survey Outgoing Rotation Group data.