Table 5

Characteristics of country-specific factors

CountryBulgariaCzechiaSlovakiaHungaryPolandRomania
No of firms1,8293,1381,9213,3951,7303,681
DRMean0.4820.4690.5880.5030.5250.543
Min0.0400.0400.0400.0410.0400.040
Max0.9750.9740.9750.9740.9750.975
EASE_BUSMean0.4090.2840.3360.4240.2600.383
Min0.3600.2600.2900.4000.2400.350
Max0.5000.3300.3900.4800.2800.450
PRIV_DEBTMean2.2351.2961.3261.4291.2251.421
Min2.0461.2771.2541.3521.2011.357
Max2.4981.3351.3891.5501.2701.512
GDP_GROWMean0.0330.0390.0340.0350.0380.048
Min0.0180.0250.0280.0230.0310.034
Max0.0390.0530.0420.0420.0480.070
INFLATMean0.000070.0110.00160.00650.00250.0006
Min−0.0140.003−0.005−0.002−0.009−0.015
Max0.0210.0250.0130.0230.0210.013
% of firms with DC = 133.6815.9218.2537.5319.6833.68

Source(s): Own elaboration

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