Table 1.

Sample description: distribution of firm-year observations by industry

Two-digit SICN% of sample
10, 12, 13, 15, 16, 171,6936.09
20, 21, 22, 24, 25, 26, 27, 28, 296,04421.74
30, 32, 33, 34, 35, 36, 37, 38, 3913,00946.80
42, 45, 47, 48, 491,3384.81
50, 51, 52, 55, 56, 57, 58, 599273.33
70, 73, 78, 794,70416.92
80, 87820.29

Note:

This table reports industry distribution of my sample by two-digit SIC

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