Variables | Mean | Std. dev. | Min | Max | |
ENTRY | Firm entry rates | 0.0296 | 0.0203 | 0.0024 | 0.1603 |
EXIT | Firm exit rates | 0.0535 | 0.0143 | 0.0051 | 0.1110 |
HHI | Herfindahl-Hirschman index | 0.7845 | 0.2669 | 0.0000 | 1.0000 |
POER | Privately-owned establishments ratio | 0.4076 | 0.0767 | 0.1635 | 0.6183 |
RPG | Rate of population growth | −0.0122 | 0.0096 | −0.0506 | 0.0287 |
SLTI | Share of the labour force in tertiary industries | 0.4549 | 0.2062 | 0.0590 | 0.8293 |
RCTI | Rate of change of taxable income | −0.0206 | 0.0280 | −0.1452 | 0.1018 |
UER | Unemployment rate | 0.0536 | 0.0271 | 0.0130 | 0.2940 |
OLDR | Proportion aged 65 or over among the total population | 0.2889 | 0.0570 | 0.1481 | 0.4440 |
Number of observations | 564 |