Table 1

Descriptive statistics

Variable nameVariable abbreviationSample sizeMeanSdMinimumMaximumCorrelation coefficient
Innovation level of a citylninno3,766−0.3711.908−5.2726.9671
Pilot policytest3,7660.0810.2730.0001.0000.542***
Foreign direct investmentfdi3,7630.0290.0320.0000.4540.291***
Level of human capitalhum3,7650.0150.0220.0000.1310.572***
Level of financial developmentfinc3,7632.0530.9910.5088.8770.497***
Level of industrial structureind3,7660.8510.0940.0000.9990.572***

Note(s): *, ** and *** indicate that the correlation coefficient is significant at the levels of 10%, 5% and 1%, respectively

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