Table 7.
Variables definition and summary statistics (economic shocks)
| N | Mean | |
|---|---|---|
| Description: 1 if factor firms’ activity … in t, 0 otherwise | ||
| Level of demand | ||
| Decreased | 1045 | 0.34 |
| Moderately | 1045 | 0.22 |
| Strongly | 1045 | 0.13 |
| Volatility/uncertainty of demand | ||
| Decreased | 1045 | 0.29 |
| Moderately | 1045 | 0.21 |
| Strongly | 1045 | 0.09 |
| Access to external financing | ||
| Decreased | 1045 | 0.19 |
| Moderately | 1045 | 0.14 |
| Strongly | 1045 | 0.05 |
| Customers’ ability to pay | ||
| Decreased | 1045 | 0.35 |
| Moderately | 1045 | 0.27 |
| Strongly | 1045 | 0.08 |
| Availability of supplies | ||
| Decreased | 1045 | 0.11 |
| Moderately | 1045 | 0.09 |
| Strongly | 1045 | 0.02 |