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Table 2 Descriptive statistics for 2003 and 2015

From: Industrial policy, structural transformation and economic growth: evidence from China

Variable

Max

Min

Mean

Std.

Obs.

Year:2003

 Economic growth (Y)

0.6566

0.0032

0.0465

572.271

214

 Industrial policy (IP)

21

0

5.281

4.458

231

Year:2015

 Economic growth (Y)

2.3133

0.0188

0.2552

3293.764

233

 Industrial policy (IP)

440

53

174.124

75.368

251