Table 2:
Shock Summary Statistics in the Autor et al. (2013) Setting
| Estimate (1) | SE (2) | |
|---|---|---|
|
| ||
| Shock ICCs | ||
| 10 sectors | 0.016 | (0.022) |
| SIC2 | 0.047 | (0.052) |
| SIC3 | 0.073 | (0.057) |
| Industry | 0.169 | (0.047) |
| Period means | ||
| 1990s | 4.65 | (1.38) |
| 2000s | 16.87 | (3.34) |
| # of industry-periods | 794 | |
Notes: This table reports intra-class correlation coefficients for the Autor et al. (2013) manufacturing shocks, estimated from the hierarchical model described in Section 6.2.2. Estimates come from a maximum likelihood procedure with an exchangeable covariance structure for each industry and sector random effect and with period fixed effects. Robust standard errors are reported in parentheses.