
	
	
		
		\begin{threeparttable}
		
		\caption{Regression results baseline model and model disentangling voice and monopoly effects, by collective agreement status. Placebo analysis for the year 2000.}
		%\scalebox{0.85}{
			
			
			\begin{tabular}{ l S S S S [table-format=3.2]   }
				
				
				
				& {(1)} & {(2)} & {(3)} & {(4)}  \\     
				 & {baseline} & {voice} & {baseline coll. agr.} & {voice coll. agr.} \\    
				\hline
				
				
				Treat                             & 0.377 & 0.383 & 0.410 & 0.422   \\
												  & (0.351) & (0.365) & (0.349)& (0.364)         \\
				Post                         	  & -1.713*** & -1.659*** & -1.743*** & -1.689***  \\
												  & (0.382) & (0.397) & (0.384)  &  (0.399)        \\
				Treat $\times§$ Post              & -0.257& -0.293 & 0.910 & 0.820  \\
											      & (0.373) &(0.394) &  (0.718)   & (0.732)         \\
				Coll. agr.  					  & 0.606 & 0.476 & 0.979** & 0.848*  \\
								   				  & (0.386) &(0.398) &   (0.429) & (0.450)          \\	
				Treat $\times§$ Post $\times$ Coll. agr. & & &-1.350*  &   -1.298*      \\	
								   				  & & &(0.695) & 			(0.718)		\\	
				log(Sales)                 			  & -0.115& -1.178 & -0.111 & 0.553 \\
											   	  & (0.429) & (12.402) &    (0.428)     & (12.667) 		\\
				West	                          & -1.300*** & -1.358*** & -1.261*** & -1.353  \\
												  & (0.373) & (0.395) &  (0.375)   & (0.394)  \\			  								   	  										   	  			                                  
				Employees			 			  & 0.007 & 0.014 & 0.005 &  0.003   \\
											      & (0.007) & (0.064) & (0.007)   & (0.066)           \\
				log(Value added p.c.)			 	  & & 0.950 &   &  -0.787  \\
													&  &   (12.683)   &  &   (12.941)       \\
				Wage sum p.c.					  & & 0.065 &   & 0.064  \\
				& &  (0.185)&         &    (0.185)     \\
			
				\hline
				
				
				Est. FE & {yes} & {yes} & {yes} & {yes}   \\
				Year FE & {yes} & {yes} & {yes} & {yes} \\
				Industry dummys & {yes} & {yes} & {yes} & {yes}   \\
				
				\hline
				
				$R^2$ & {0.058} &{0.057} & {0.061} & {0.060}  \\
				Obs. & {2638} & {2506} & {2638} & {2506}   \\
				Establishments & {1150} & {1090} & {1150} & {1090}   \\
				\hline
				
				
				
			\end{tabular} 
		
	%}
		\begin{tablenotes}
			\footnotesize
			\item Notes: Dependent variable is the number of voluntary quits. Standard errors clustered at the establishment level in parentheses. */ **/ *** denote significance at the 10\%/5\%/1\% level, respectively. Statistics and corresponding p-values from F-test on joint significance of (Treat $\times$ Post) and (Treat $\times$ Post $\times$ Coll. Agr.) in specification (3) and (4) are 2.17 (0.114) and 1.92 (0.147), respectively. For the placebo analysis, the year of treatment has been predated to the year 2000.  Wage sum per capita is measured in 1000 Euros.
		\end{tablenotes}

	
	\end{threeparttable}	
	
	
	
	
	
	
	
	
	
