The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 Descriptive statistics on financial expenses according to judicial districts and geographical macro-areas Italy, 2014–2016
From: Legal environment and corporate finance: evidence from the Italian manufacturing industry
Judicial district of second instance | Meanψ | Std. Dev | Frequency (i.e., number of firms) |
|---|---|---|---|
Milan | 2.612 | 1.628 | 39,455 |
Turin | 2.663 | 1.605 | 18,097 |
Genoa | 2.536 | 1.589 | 3742 |
Brescia | 2.789 | 1.601 | 22,293 |
North West | 2.650 | 1.606 | 83,587 |
Trento | 2.903 | 1.605 | 1995 |
Venice | 2.608 | 1.582 | 32,469 |
Bologna | 2.662 | 1.591 | 26,123 |
Trieste | 2.731 | 1.591 | 5725 |
Bolzano | 2.989 | 1.653 | 1350 |
North East | 2.779 | 1.604 | 67,662 |
Ancona | 2.626 | 1.515 | 9557 |
Florence | 2.569 | 1.539 | 18,891 |
Rome | 2.270 | 1.654 | 10,052 |
Perugia | 2.671 | 1.660 | 3419 |
Center | 2.534 | 1.592 | 41,919 |
Bari | 2.498 | 1.628 | 5042 |
Campobasso | 2.406 | 1.557 | 515 |
Catanzaro | 2.190 | 1.524 | 1563 |
L'Aquila | 2.580 | 1.651 | 4244 |
Lecce | 2.364 | 1.601 | 2236 |
Naples | 2.226 | 1.660 | 9057 |
Potenza | 2.454 | 1.593 | 942 |
Reggio Calabria | 2.177 | 1.681 | 379 |
Salerno | 2.524 | 1.726 | 2912 |
Taranto | 2.472 | 1.607 | 963 |
South | 2.389 | 1.623 | 27,853 |
Cagliari | 2.383 | 1.624 | 940 |
Palermo | 2.295 | 1.570 | 2211 |
Caltanissetta | 2.304 | 1.549 | 549 |
Catania | 2.286 | 1.627 | 2570 |
Messina | 2.227 | 1.587 | 755 |
Sassari | 2.327 | 1.585 | 1003 |
Islands | 2.304 | 1.590 | 8028 |