Table A2.

Basic descriptive and correlation table of the final variables

MSDFOB-NFOB dummyCOMP indexLTFPP1P4T4H4D3LN business ageN1N2DM2M1T1P2IndustrySize
FOB-NFOB dummy0.440.501                
COMP index4.781.18−0.105***1               
LTFP2.011.280.0070.283***1              
P12.151.16−0.087**0.109***0.0561             
P42.240.96−0.097***0.510***0.191***0.122***1            
T42.921.05−0.0030.488***0.107***−0.0360.169***1           
H40.951.13−0.084**0.484***0.117***0.0270.163***0.237***1          
D31.961.31−0.144***0.413***0.143***−0.0260.129***0.309***0.249***1         
LN business age2.870.460.198***0.025−0.173***−0.047−0.0210.081**0.098***0.0001        
N11.461.30−0.0360.537***0.125***0.0000.158***0.285***0.335***0.170***0.0041       
N21.461.510.0500.293***−0.028−0.064*0.0240.170***0.217***0.123***0.158***0.565***1      
DM21.591.33−0.128***0.455***0.096***0.102***0.158***0.236***0.166***0.211***0.0600.147***0.094**1     
M12.411.240.0040.358***0.067*0.0310.222***0.155***0.086**0.059−0.064*0.0320.0380.088**1    
T12.290.71−0.090**0.435***0.105***0.086**0.240***0.159***0.169***0.119***0.0190.211***0.115***0.268***0.208***1   
P20.871.410.0170.525***0.182***0.082**0.242***0.222***0.271***0.122***0.0010.611***0.101***0.177***0.0600.294***1  
Industry7.463.87−0.105***0.0270.077**−0.0130.050−0.0160.0340.081**−0.100***−0.035−0.069*−0.235***−0.016−0.032−0.0431 
Size1.770.63−0.0130.311***0.096***0.0170.068*0.250***0.245***0.186***0.139***0.182***0.082**0.280***−0.061*0.194***0.179***−0.156***1

Notes:

***Significant at 1%; **significant at 5%; *significant at 10%

Source: Own elaboration

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