VARIABLE

obs

mean

sd

min

max

landarea_resi(hectare)

408

741.782

713.943

0.802

6957.991

landprice_resi(tousand yuan/tectare)

408

20,750.79

22,205.100

0.000

266,939.400

landrevenue_resi(tousand yuan)

408

15,010,146.96

16,831,399.96

0

1.04E+08

auction ratio

408

0.111

0.168

0.000

1.000

incentives

414

0.230

0.151

0.040

0.736

fiscak deficit ratio

414

0.209

0.171

−0.541

0.661

log(GDP)

414

7.953

0.805

5.733

9.990

GDP growth rate

413

0.129

0.028

0.026

0.232

proportion of secondary industry

414

0.450

0.103

0.111

0.775

proportion of secondary industry

414

0.495

0.099

0.217

0.859

urban ratio

414

0.549

0.171

0.233

1.000

population rate

414

0.049

0.038

−0.090

0.198

log(population density)

414

6.389

0.640

4.820

8.245

log(PCDI)

414

9.923

0.374

9.072

10.749

log(fixed asset investment)

414

7.318

0.809

4.921

9.219

log(urban road area)

414

8.057

0.741

6.314

9.975

dummy: PPC

414

0.222

0.416

0.000

1.000

dummy: PPCpre1

414

0.222

0.416

0.000

1.000

dummy: PPCpre2

414

0.213

0.410

0.000

1.000

dummy: PPCpost1

414

0.324

0.468

0.000

1.000

dummy: PPCpost2

414

0.314

0.465

0.000

1.000