Table 2 Descriptive statistics Minimum...

Table 2

Descriptive statistics

	Minimum	Maximum	Mean	SD
Panel A: Indonesia (N = 2,598)
AEM	<0.000	3.020	0.097	0.155
DHHI	0	1	0.657	0.475
CL	<0.000	9.436	1.024	1.122
Diff	−0.995	0.999	0.068	0.225
DHHI $\times$ CL	0.000	9.436	0.655	1.047
DHHI $\times$ Diff	−0.995	0.999	0.053	0.185
SHARE	<0.000	0.701	0.017	0.049
SIZE	16.707	33.537	27.290	3.075
LEV	<0.000	5.168	0.509	0.364
GROWTH	−0.999	8.985	0.190	0.771
Panel B: South Korea (N = 3,256)
AEM	<0.000	1.417	0.045	0.060
DHHI	0	1	0.940	0.246
CL	0.0341	6.903	1.062	0.593
Diff	−0.994	0.892	0.052	0.108
DHHI $\times$ CL	0.000	6.903	0.994	0.628
DHHI $\times$ Diff	−0.994	0.892	0.046	0.102
SHARE	<0.000	0.780	0.015	0.051
SIZE	23.318	33.567	27.611	1.685
LEV	0.024	1.259	0.463	0.203
GROWTH	−0.975	5.211	0.086	0.353

	Minimum	Maximum	Mean	SD
Panel A: Indonesia (N = 2,598)
AEM	<0.000	3.020	0.097	0.155
DHHI	0	1	0.657	0.475
CL	<0.000	9.436	1.024	1.122
Diff	−0.995	0.999	0.068	0.225
DHHI $\times$ CL	0.000	9.436	0.655	1.047
DHHI $\times$ Diff	−0.995	0.999	0.053	0.185
SHARE	<0.000	0.701	0.017	0.049
SIZE	16.707	33.537	27.290	3.075
LEV	<0.000	5.168	0.509	0.364
GROWTH	−0.999	8.985	0.190	0.771
Panel B: South Korea (N = 3,256)
AEM	<0.000	1.417	0.045	0.060
DHHI	0	1	0.940	0.246
CL	0.0341	6.903	1.062	0.593
Diff	−0.994	0.892	0.052	0.108
DHHI $\times$ CL	0.000	6.903	0.994	0.628
DHHI $\times$ Diff	−0.994	0.892	0.046	0.102
SHARE	<0.000	0.780	0.015	0.051
SIZE	23.318	33.567	27.611	1.685
LEV	0.024	1.259	0.463	0.203
GROWTH	−0.975	5.211	0.086	0.353

Source(s): Table created by authors

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