Table 1: Description of New Products Introductions (NPI) Categories
----------------- NPI Category |
----------------------------------------------------- | Description |
----------------- 1 |
----------------------------------------------------- | Processed Meat, Fish, Egg |
2 |
| Dairy Products |
3 |
| Desserts and Ice cream |
4 |
| Fruits and Vegetable Products, Condiments |
5 |
| Breakfast Cereals, Pet food |
6 |
| Bakery Food |
7 |
| Sugar, Confectionary, Snacks |
8 |
| Beverages |
9 |
| Meals, Side dishes _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
Table 2: Description of Variables
Variable name |
Description
NPI |
| Number of New Product Introductions |
HI |
| Herfindahl Index |
CI4 |
| Four Firm Herfindahl Index |
N |
| Total number of firms |
SALES |
| Annual Sales ($ mn) |
SGR |
| Annual Sales Growth Rate |
RNDI |
| Annual R&D expenditure to sales ratio |
CAPEXI |
| Annual capital expenditure to sales ratio |
CAPASI |
| Net Plant, Property and Equipment to sales ratio |
MERGERS |
| Number of Mergers in the processed food industry |
USMERGERS |
| Number of Mergers in the USA |
FEXP |
| Food expenditure (% of disposable income) |
FAFH |
| Food away from home (% of food expenditure) |
Table 3: Summary Statistics of the Panel Data Set
------------- Variable |
+- | _ J___ +- |
Obs |
Mean |
Std.Dev. |
Min |
----------- Max |
------------- |
----------- | |||||
NPI |
| |
198 |
1177.641 |
908.8555 |
37 |
4596 |
HI |
| |
198 |
0.248909 |
0.1199457 |
0.0718771 |
0.5194755 |
CI4 |
| |
198 |
0.238468 |
0.1276649 |
0.027378 |
0.5177338 |
N |
| _ J___ +- |
198 |
18.89899 |
11.70188 |
5 |
65 |
------------- |
----------- | |||||
SALES |
| |
198 |
38281.54 |
32820.93 |
3265.568 |
195150.1 |
SGR |
| |
198 |
5.627515 |
18.91088 |
-47.74893 |
150.643 |
RNDI |
| |
198 |
0.006747 |
0.0043447 |
0 |
0.017762 |
CAPEXI |
| |
198 |
0.0470237 |
0.0159381 |
0.0166153 |
0.1365205 |
CAPASI |
| |
198 |
0.2684069 |
0.0710748 |
0.0839517 |
0.3821605 |
USMERGERS |
| |
198 |
4882.909 |
2877.563 |
1877 |
9783 |
FEXP |
| |
198 |
10.69318 |
0.806914 |
9.45 |
12.46 |
FAFH |
| |
198 |
38.73591 |
2.367526 |
34.97 |
43.27 |
+
17
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