Business Networks and Performance: A Spatial Approach

Table 1. Definitions and descriptive statistics of dependent and independent variables.

Variable Name	Definition	Mean (S.D)
Dependent Variables
PMIR	Percentage of material inputs produced from local firms	47.65 (41.87)
PSE	Percentage of production exported	25.61 (32.03)
PEREMP	Dummy variable, 0= Firm reports negative or no change in employment, 1=Firm reports positive change	0.29 (0.45)
PERPM	Dummy variable, 0= Firm reports negative or no change in profit margins, 1=Firm reports positive change	0.52 (0.50)
PERTS	Dummy variable, 0= Firm reports negative or no change in total sales, 1=Firm reports positive change	0.53 (0.50)
PERINV	Dummy variable, 0= Firm reports negative or no change in investments, 1=Firm reports positive change	0.36 (0.48)
Independent Variables
NETINPUT	Dummy variable, 1=Firm accesses horizontal networks for inputs, 0=Firm does not have access to horizontal networks, i.e, it accesses vertical networks or exercises spot trade for inputs	0.43 (0.50)
NETSALES	Dummy variable, 1= Firm does not have access to vertical networks for output, i.e, it accesses horizontal networks or exercises spot trade for output, 0=Firm accesses vertical networks for output,	0.59 (0.49)
NETFINAN	Dummy variable, 1=Firm accesses horizontal networks for finance, 0=Firm accesses vertical networks or exercises spot agreements for finance	0.49 (0.51)

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