Descriptive analysis of the model's variables
| Variable | Proxy | Mean | Maximum | Minimum | Standard deviation |
|---|---|---|---|---|---|
| Export_Intensity | Ratio of export sales over the total sales of the firm (%) | 20.203 | 100.000 | 0.000 | 29.836 |
| Population | Number of inhabitants (million people) | 37.388 | 82.349 | 1.315 | 29.015 |
| GDP_Growth | Gross domestic product growth (%) | 0.818 | 25.557 | −9.132 | 2.621 |
| Ease_Trade | Score (0–100) | 83.186 | 92.605 | 78.666 | 3.908 |
| Age | Number of years in activity | 23.817 | 319.000 | 0.000 | 17.738 |
| Size | Number of employees | 259.321 | 129916.000 | 11.000 | 2217.768 |
| Firm_Prod | Turnover per employee (thousand Euros) | 296.680 | 214303.400 | 0.004 | 1484.545 |
| Variable | Proxy | Mean | Maximum | Minimum | Standard deviation |
|---|---|---|---|---|---|
| Ratio of export sales over the total sales of the firm (%) | 20.203 | 100.000 | 0.000 | 29.836 | |
| Number of inhabitants (million people) | 37.388 | 82.349 | 1.315 | 29.015 | |
| Gross domestic product growth (%) | 0.818 | 25.557 | −9.132 | 2.621 | |
| Score (0–100) | 83.186 | 92.605 | 78.666 | 3.908 | |
| Number of years in activity | 23.817 | 319.000 | 0.000 | 17.738 | |
| Number of employees | 259.321 | 129916.000 | 11.000 | 2217.768 | |
| Turnover per employee (thousand Euros) | 296.680 | 214303.400 | 0.004 | 1484.545 |
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