Accelerated Depreciation Tax Credit and Corporate Financialization Based on the PSM-DID Model

Table 2

Preliminary description results of China’s A-share sample data.

Variable	Obs	Mean	Std. Dev.	Min	Max
Year	10,850	2013.5	2.8724	2009	2018
RD	10,850	0.2422	4.7018	-3.2568	12.6514
FIN	10,849	0.0163	5.3341	-10.1853	21.3375
DTax	10,850	2.1524	0.3287	-5.8245	9.3127
FASS	10,850	0.3056	0.0370	-3.5237	15.8352
Htech	10,850	0.1429	0.3500	0	1
Cash	10,850	0.0160	0.0246	0	1
Age	10,850	9.5000	2.8724	1	34
Lev	10,850	0.6537	0.2645	0	1
Tobin	10,850	0.4766	2.8874	0.2364	9.2
Size	10,850	.0030923	.0360048	0	1
Roe	10,850	0.0256	0.7344	0.0256	0.4225
GPM	10,850	0.1054	0.5123	0.0118	0.9425