Research Article

Evaluation of Manufacturing Competitiveness of Hubei Province Based on Stochastic Frontier Analysis

Table 3

Descriptive statistics on the variables of industrial enterprises in Hubei.

VariableObservationMeanStandard deviationMinimumMaximum

Output (lg1911)896369.7539571.444135013.65094
Number of employees (lg2515)969604.5423241.2567941.0986127.889834
Fixed assets (lg2123)969569.550791.5283415.19295714.09054
Human capital (lg2416)783159.4554291.565896017.92006

Data source: China Industrial Enterprise Database (1999–2011). Notes: there were huge differences between the observations of the above variables, a sign of many missing values. Subsequently, the observations with lots of missing values were removed before analysis.