Monetary Policy, Fiscal Policy, and Capital Structure Dynamic Adjustment: Evidence from Chinese Listed Companies

Table 2

Descriptive statistical results for the main variables.

Variable	Obs	Mean	Std.Dev.	Min	Max
debtrate	41,569	0.450	0.205	0.0821	0.873
lnasset	41,569	21.55	1.405	12.31	28.52
nontax	41,569	0.0331	0.01342	0.00183	0.09451
profit	41,569	0.0314	0.0684	−0.367	0.219
grow	41,569	−0.293	3.345	−23.50	7.750
tang	41,569	0.239	0.174	0	0.971
Mon1	41,569	0.0464	0.0216	0.0496	0.0743
Mon2	41,569	0.146	0.0438	0.0828	0.265
Fin	41,569	0.143	0.0592	0.0630	0.257
stru	41,569	0.685	0.212	0.223	1.421
GDPgrow	41,569	0.0853	0.0198	0.0660	0.142