Table 1: Descriptive statistics
|
Variable |
Mean |
Std. dev. |
Min. |
Max. |
|
Business tax rate |
0.14 |
0.01 |
0.09 |
0.31 |
|
General Expenditures |
16,198.13 |
248,476 |
15.57 |
21,800,000 |
|
Investment Expenditure |
1,449.84 |
9,160.54 |
0 |
519,200 |
|
Population |
7.03 |
45.45 |
0.005 |
3,395.18 |
|
Skilled labor share |
0.06 |
0.03 |
0.003 |
0.59 |
|
Area covered with buildings and streets |
3.79 |
10.68 |
0.01 |
619.28 |
|
Total area |
28.27 |
35.08 |
0.4 |
891.82 |
Note: Statistics refer to 11,208 German municipalities in 2005. Expenditures in 1,000 Eu-
ros. Population in 1,000. Area in km2 . Sources: German Federal Labor Agency, Statistik
Lokal, Ed. 2003-07, and Statistical offices of Berlin-Brandenburg, Bremen, Hamburg and
Sachsen-Anhalt.
Table 2: Included covariates
|
Variable |
Definition |
Mean |
Std. dev. |
|
TAX |
ln (taxrate) |
-1.96 |
0.10 |
|
SKILL |
ln (share of employees with tertiary education) |
-2.92 |
0.46 |
|
POPDEN |
ln (total population / total area) |
0.01 |
1.01 |
|
AREA |
ln (total area) |
7.42 |
1.02 |
|
IDEPRAT |
ln (population aged 15-65 / total population) |
-0.40 |
0.05 |
|
BUILT |
ln (area covered with buildings and streets / total area) |
-2.32 |
0.56 |
|
INV |
ln (investment expenditure / total expenditure) |
-1.96 |
0.88 |
|
EAST |
Dummy for East Germany |
0.26 |
0.44 |
Note: Panel of 11,094 municipalities with at least two consecutive observations over the
period 2001-2005.
27
More intriguing information
1. The name is absent2. Mean Variance Optimization of Non-Linear Systems and Worst-case Analysis
3. Heavy Hero or Digital Dummy: multimodal player-avatar relations in FINAL FANTASY 7
4. The Structure Performance Hypothesis and The Efficient Structure Performance Hypothesis-Revisited: The Case of Agribusiness Commodity and Food Products Truck Carriers in the South
5. The name is absent
6. sycnoιogιcaι spaces
7. Income Growth and Mobility of Rural Households in Kenya: Role of Education and Historical Patterns in Poverty Reduction
8. The Variable-Rate Decision for Multiple Inputs with Multiple Management Zones
9. Prizes and Patents: Using Market Signals to Provide Incentives for Innovations
10. AJAE Appendix: Willingness to Pay Versus Expected Consumption Value in Vickrey Auctions for New Experience Goods