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Table 7 Descriptive statistics of key performance and characteristics variables of manufacturing firms

From: Innovation for economic performance: the case of Latin American firms

  Large countries
N = 4,304 		Small countries
N = 2,474 		Caribbean countries
N = 559
Mean SE Min Max Mean SE Min Max Mean SE Min Max
Sizea 94 17 2 18,600 73 5 2 4,200 39 3 5 1,313
Productivityb 10.2 0.1 4.9 19.6 9.8 0.1 4.7 18.5 10.5 0.0 7.0 14.2
Age 23 1 1 183 23 1 1 185 22 1 1 110
Exportingc 0.23 0.02 0 1 0.21 0.01 0 1 0.32 0.02 0 1
Foreign Ownershipd 0.06 0.01 0 1 0.09 0.01 0 1 0.10 0.01 0 1
  1. Weighted values
  2. aNumber of employees
  3. bLogarithm of sales (2009 US dollars) per employee
  4. cDummy variable. A firm is defined as exporter if receive direct export earnings
  5. dDummy variable. A firm is defined as foreign if it is 50 % or more of the property is owned by foreigners
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