Table 3.
Descriptive statistics.
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| External financing | |||||
| Bank | 4121 | .2880 | .4529 | 0 | 1 |
| Non_bank | 4511 | .2031 | .4023 | 0 | 1 |
| Trade_credit | 4121 | .1296 | .3358 | 0 | 1 |
| EIndex | 5792 | −1.02e-07 | 2.683 | −2.032 | 5.453 |
| Female_Own | 6550 | .3849 | .4866 | 0 | 1 |
| Family_Own | 6386 | .5108 | .4743 | 0 | 1 |
| γFirm_Age | 6594 | 19.82 | 13.02 | 1 | 197 |
| Firm size | |||||
| Small | 6597 | .5852 | .4928 | 0 | 1 |
| Medium | 6597 | .4148 | .4917 | 0 | 1 |
| Sole_Prop | 6594 | .1912 | .3933 | 0 | 1 |
| Mgr_exp | 5983 | 20.28 | 11.39 | 0 | 70 |
| Current_loan | 6508 | .4292 | .4950 | 0 | 1 |
| Manufacturing | 6576 | .5289 | .4992 | 0 | 1 |
| Retail | 6594 | .1796 | .3838 | 0 | 1 |
| Other Industry | 6597 | .2915 | .4142 | 0 | 1 |
Short abbreviation of variables: Firm level external finance accessibility (Bank, Non_bank, Trade_credit). Environmental index (EIndex), firm size (small and Medium), sole proprietorship (Sole_Prop), Number of years experience of the firm's top manager in similar field(Mgr_exp), SME currently has loan from bank or non bank fiancial institute(Current_loan), industry types(Manufacturing, Retail, Other Industry).