VARIABLES

N

mean

sd

min

max

DDBTD

20,012

−0.0135

0.0815

−0.355

0.261

BTD

20,012

−0.0081

0.0567

−0.250

0.202

policy

26,727

0.400

0.490

0.00

1.00

labor

26,727

3363

18,248

0.000

508,168

age

26,727

17.57

6.092

0.000

54

age₂

26,727

346.0

226.2

0.000

2916

lnlabor

26,134

7.086

1.177

2.996

13.14

lnasset

26,725

22.25

1.415

11.35

28.64

ppe

26,722

0.222

0.171

0.000

0.971

growth

24,555

6.640

864.4

−1.000

134,607

roa

24,588

0.0364

0.227

−9.117

20.79

npr

26,725

0.0316

0.835

−51.95

108.4

lev

26,726

3.460

4.614

−5.136

141.2