Table 3 Descriptive statistics of the variables.

From: Rural credit and new technology adoption among family farms: evidence from two demonstration areas in China

Variables

Wuhan

Langxi

Mean

Standard deviation

Mean

Standard deviation

New Technology Adoption

1.3562

1.2202

1.5894

1.2080

Formal credit

0.1974

0.3989

0.6748

0.4694

Informal credit

0.4592

0.4994

0.2439

0.4303

Gender

0.8541

0.3538

0.9106

0.2859

Age

3.1545

0.8106

3.2154

0.7494

Education

3.8884

0.8017

3.1423

0.9214

Training Participation

0.7897

0.4084

0.7724

0.4202

Number of Labourers

3.4936

1.1749

3.2805

1.1242

Family fortunes

0.0558

0.2300

0.0407

0.1979

Technical Services

0.7597

0.4282

0.7520

0.4327

Subsidies

0.6695

0.4714

0.6911

0.4630

Planting Type

0.4120

0.4933

0.7480

0.4351

Breeding Type

0.3948

0.4899

0.1789

0.3840

Income to Expenditure Ratio

2.6590

3.5948

3.0786

5.5033

Operation Size

5.3659

0.8240

5.5530

0.7425

Financial Regulation

1.9785

0.8732

2.0163

0.8805

Demonstration Farm

0.6781

0.4682

0.5976

0.4914

Talent employment

0.2275

0.4201

0.1016

0.3028

Agricultural Insurance

0.2489

0.4333

0.5772

0.4950

Cooperative Membership

0.3691

0.4836

0.4512

0.4986

Village Cadre Position

0.0429

0.2031

0.0447

0.2071

Government/Finance Work

0.0687

0.2534

0.0772

0.2675

Demonstration Effect

1.4274

0.6408

1.6705

0.2487

Samples

233

246