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