Variable

Mean

Std. Dev.

Min

Max

Observations

lnoutp

overall

12.7132

1.718333

9.61808

17.68503

N = 344

between

1.707877

9.61808

17.68503

n = 331

within

0.058439

12.2398

13.18661

T-bar = 1.03927

lnasset

overall

12.56505

2.030446

7.997322

17.53869

N = 344

between

2.023572

7.997322

17.53869

n = 331

within

0.037845

12.1676

12.9625

T-bar = 1.03927

lnemp

overall

6.342739

1.240679

3.526361

10.27946

N = 344

between

1.225394

3.526361

10.27946

n = 331

within

0.032037

6.108399

6.577079

T-bar = 1.03927

lnsale

overall

12.68471

1.714141

9.61808

17.70685

N = 344

between

1.70653

9.61808

17.70685

n = 331

within

0.043854

12.36319

13.00623

T-bar = 1.03927

lnprofit

overall

8.182021

5.566073

−13.2544

15.23455

N = 344

between

5.360028

−13.0953

15.23455

n = 331

within

1.155097

−2.52625

18.89029

T-bar= 1.03927

lnsal

overall

9.895905

1.72555

5.428046

15.75628

N = 344

between

1.708076

5.428046

15.67765

n = 331

within

0.077623

8.970002

10.82181

T-bar = 1.03927

sector

overall

29.34012

8.985444

6

44

N = 344

between

8.998848

6

44

n = 331

within

0.07636

28.84012

29.84012

T-bar = 1.03927

country

overall

10.625

5.603161

1

19

N = 344

between

5.529478

1

19

n = 331

within

1.15428

3.125

18.125

T-bar = 1.03927

lninter

overall

23.61943

8.333098

0

40.75674

N = 345

between

8.33294

0

40.75674

n = 332

within

0.629708

17.43863

29.80024

T-bar = 1.03916

ex

overall

0.575581

0.494974

0

1

N = 344

between

0.491077

0

1

n = 331

within

0.093522

0.075581

1.075581

T-bar = 1.03927