Table 1

Summary statistics for variables in estimations

VariableNMeanStd. devMinMax
Firm Birth Ratet82,3830.110.220.007.00
Firm Death Ratet82,3830.080.240.004.00
Firm Birth Ratet-182,3830.110.240.006.33
Firm Death Ratet-182,3830.080.140.003.00
Related Firm Birth Ratet-182,3830.100.060.005.00
Related Firm Death Ratet-182,3830.090.030.001.00
Unelated Firm Birth Ratet-182,3830.100.030.040.22
Unelated Firm Death Ratet-182,3830.090.010.060.14
Log of Population Density82,3834.731.653.058.42
HHI82,383119.1773.342.00253.23
RV82,3830.140.200.000.75
UV82,383−9.802.95−16.72−2.32
Log of Average Firm Size82,3831.181.25−3.369.22
Log of Income per person82,38310.100.139.8110.42
LQ82,3831.694.760.00124.48

Note(s): Further discussion on the defining of these variables and their calculations are provided in Section 3 and in  Appendix 4

Source(s): Author's own work

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