Table 1

Sample distribution

YearObsPercent (%)Industry categoryObsPercent (%)
19991501.68Business Services1,22013.65
20005325.95Banking1,13112.65
20013313.70Trading6427.18
20023083.45Electronic Equipment5456.10
20034655.20Pharmaceutical Products5345.97
20045656.32Petroleum and Natural Gas4374.89
20055716.39Computers4154.64
20065976.68Non-Metallic and Industrial Metal Mining3133.50
20076056.77Medical Equipment3013.37
20084785.35Communication2853.19
20093814.26Others3,11634.86
20103964.43   
20113904.36   
20124004.47   
20133894.35   
20144575.11   
20154885.46   
20163523.94   
20173734.17   
20183884.34   
20193233.61   
Total8,939100Total8,939100

Note(s): This table presents sample distribution across years (Panel A) and industries (Panel B) of US-listed bidders over the period from 1999 to 2019

Source(s): Authors’ own work

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