Table 1 Sample distribution
Industry | No. of Firms | Percentage |
|---|---|---|
Panel A: Industry Distribution | ||
Food and beverage | 102 | 6.77% |
Textile, clothes and fur | 68 | 4.52% |
Timber and furniture | 17 | 1.13% |
Paper making and printing | 36 | 2.39% |
Petroleum, chemistry, rubber and plastic | 230 | 15.27% |
Electronics | 139 | 9.23% |
Metal and non-metal | 194 | 12.88% |
Machinery, equipment and instrument | 555 | 36.85% |
Medicine and biological products | 154 | 10.23% |
Other manufacturing | 11 | 0.73% |
Total | 1506 | 100% |
Panel B: Yearly Distribution | ||
Year | No. of firm-year obs. | Percentage |
2009 | 630 | 7.51% |
2010 | 712 | 8.49% |
2011 | 916 | 10.92% |
2012 | 1078 | 12.85% |
2013 | 1172 | 13.98% |
2014 | 1211 | 14.44% |
2015 | 1272 | 15.17% |
2016 | 1395 | 16.63% |
Total | 8386 | 100% |