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6,223
Compensation of employees –1,192 –1,276 –1,188 –1,218 –4,874 –1,333 –1,538
Investment income –3,997 –7,285
effects are included.
(1) (2) (3)
Air.Fee (firm-level) 23.374*** 23.218*** 26.263***
(5.069) (5.080) (5.750)
Export.share (industry-level) 0.