Variable | Obs | Mean | Std. Dev | 25th | Median | 75th |
|---|
SBLoan (%) | 12,952 | 8.664 | 1.73 | 7.599 | 8.735 | 9.857 |
SBLoan1 (%) | 12,866 | 8.16 | 1.978 | 6.894 | 8.215 | 9.504 |
SBLoan2 (%) | 12,897 | 8.317 | 2.07 | 7.005 | 8.284 | 9.700 |
Population | 12,572 | 10.266 | 1.439 | 9.313 | 10.159 | 11.111 |
DebtoIncome (%) | 12,553 | 1.815 | .982 | 1.190 | 1.580 | 2.630 |
Income | 12,568 | 10.656 | .23 | 10.500 | 10.641 | 10.794 |
Unemployment (%) | 12,550 | 8.743 | 3.026 | 6.620 | 8.540 | 10.610 |
BRNUM | 12,651 | 7.438 | 3.194 | 5.081 | 8.211 | 9.694 |
C3 (%) | 12,556 | 71.838 | 19.186 | 54.010 | 68.390 | 89.250 |
HHI (%) | 12,522 | 7.737 | .625 | 7.218 | 7.606 | 8.191 |
Domdep( $k) | 12,826 | 18.87 | 3.496 | 15.975 | 19.693 | 21.451 |
- This table shows the descriptive statistics of county-level variables. There are three main dependant variables. SBLoan is the log amount of loans to small businesses in each county. SBLoan1 is the log amount of loans to small businesses for businesses with gross revenues less than $1 million in each county. SBLoan2 is the log amount of loans to small businesses for businesses with gross revenues more than $1 million in each county. The sample also covers county level variables. Population is the county level population. DebtoIncome is the median household debt-to-income ratio by county. Income is the dollar amount of income per person by county. Unemployment is the ratio of jobless people by county. BRNUM is the number of branches per capita in the county. C3 is the share of deposits of the three largest banks in the county. HHI is the Herfindahl–Hirschman index and HHI ratio accounts for the market share of banks in the county. Domdep is the sum of the dollar amount of banks’ branch domestic deposits by county. Except for DebtoIncome, Unemployment and C3, all variables are logarithmic and is taken logarithm before they are applied. Variables are winsorized at the 1st and 99th percentile
