An Empirical Study of Strategic Positioning and Production Efficiency

Table 2

Descriptive statistics ( = 33,499).

Variable	Mean	Median	Std Dev	25th percentile	75th percentile
Production efficiency	0.5601	0.5913	0.2190	0.4313	0.7142
Size	5.5660	5.4381	1.8304	4.1967	6.7772
ROA	0.0116	0.0387	0.1438	−0.0075	0.0784
Age	28.41	28.00	13.71	16.00	37.00
Competition	0.0010	0.0002	0.0040	0.0000	0.0006

See the appendix for variable definitions.