Table 1 Descriptive statistics of the main variables.

From: Regional carbon efficiency and corporate cash holdings: evidence from China

Variables

Observations

Mean

Standard deviation

Minimum

Maximum

Cash1

26,041

0.1709

0.1392

0.0008

0.9724

Cash2

26,041

0.2995

0.5166

0.0005

35.5547

Ceff

26,041

1.4663

1.2646

0.0681

8.6874

Debt

26,041

0.1751

0.1468

0.0000

0.6176

Linv

26,041

0.0520

0.0507

0.0000

0.6419

TobinQ

26,041

2.5551

1.9688

0.4428

34.0092

Size

26,041

22.0973

1.3120

18.4578

26.8383

Age

26,041

2.0186

0.8973

0.0000

3.4012

Soe

26,041

0.3857

0.4868

0

1

First

26,041

0.3543

0.1504

0.0843

0.8065

Grow

26,041

0.1903

0.4348

−0.6434

2.9602

Roa

26,041

0.0509

0.0694

−1.3805

2.1635

Tatr

26,041

0.6905

0.5688

0.0056

12.3729

Cf

26,041

0.0621

0.1101

−1.8272

2.7801

Nwc

26,041

0.3001

0.8048

−19.9449

6.8916

Di

26,041

0.0242

0.0199

0.0000

0.9240