variable

Full sample (N = 12,597)

Paired samples (N = 2567)

Mean

median

Standard deviation

Min

Max

Mean

median

Standard deviation

Minimum

Max

Apply

3.220

3.180

1.390

0.690

7.200

3.330

3.300

1.370

0.690

7.370

Iapply

2.290

2.200

1.430

0

6.370

2.370

2.300

1.410

0

6.630

Size

22.26

22.11

1.300

19.65

26.15

22.31

22.13

1.260

20.09

26.11

Leverge

0.440

0.430

0.210

0.0600

0.910

0.410

0.410

0.200

0.0600

0.850

Cash

0.160

0.130

0.110

0.0100

0.560

0.160

0.140

0.110

0.0200

0.550

Fixedpp

12.65

12.63

1.080

9.490

15.59

12.54

12.54

1.010

9.620

15.24

Salespp

13.83

13.72

0.860

11.99

16.48

13.83

13.70

0.820

12.17

16.48

Age

8.560

9

1.670

5

15

8.260

9

1.430

5

12

Board

0.380

0.360

0.0500

0.330

0.570

0.380

0.360

0.0600

0.330

0.570

Share

0.120

0

0.190

0

0.680

0.190

0.080

0.210

0

0.700

Top 10

57.89

58.62

14.94

23.34

90.26

59.65

60.88

14.45

24.69

90.86

Subsidy

0

0

0.0100

0

0.0300

0

0

0.0100

0

0.0300

Intangible

0.0500

0.0400

0.0500

0

0.330

0.0500

0.0400

0.0400

0

0.270