Impact of the Reduction of VAT Rate on Southeast Coastal Real Estate Enterprises

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Operating income in 2018</td><td class="align_center">Operating income in 2019</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Average</td><td class="align_center">4793367851</td><td class="align_center">5692121395</td></tr><tr><td class="align_left">Number of cases</td><td class="align_center">316</td><td class="align_center">316</td></tr><tr><td class="align_left">Standard deviation</td><td class="align_center">1.51058<i>E</i> + 10</td><td class="align_center">1.84843<i>E</i> + 10</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Descriptive statistics of each quarter of each enterprise in 2018 and 2019.</div>

Discrete Dynamics in Nature and Society

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Table 2

Table 2: Impact of the Reduction of VAT Rate on Southeast Coastal Real Estate Enterprises 