A Systems View Across Time and Space
Table 3 Independent variables
From: Exploring a leading and lagging regions dichotomy: does entrepreneurship and diversity explain it?
Variable | Definition | N | Mean | Std. dev. | Min | Max |
|---|---|---|---|---|---|---|
lnGRP | Log of GRP per capita in 2010 (‘000 SEK) | 57 | 5.713 | 0.173 | 5.29 | 6.17 |
Humcap | Human capital, measured as the share of population in ages 20-64 years with > 3 years tertiary education in 2010 (%*) | 60 | 0.149 | 0.042 | 0.089 | 0.281 |
Entcap | Entrepreneurship capital, measured as new business formation per 1000 inhabitants in ages 16-64 (annual average 2008-2010) | 60 | 8.606 | 1.570 | 5.81 | 13.88 |
lnHHI | Overall specialization/diversity, measured by the Herfindahl-Hirschman index (HHI) of overall employment concentration for 2010 (log) | 60 | −3.948 | 0.400 | −4.67 | −2.91 |
Relvar | Related variety: weighted sum of 5-digit entropy within 2-digit sectors (calculated with employment data for 2010) | 60 | 1.777 | 0.444 | 0.687 | 2.491 |