Id |
Subject |
Object |
Predicate |
Lexical cue |
T470 |
0-45 |
Sentence |
denotes |
Table 1 Sample restriction and distribution. |
T471 |
46-54 |
Sentence |
denotes |
Panel A: |
T472 |
55-73 |
Sentence |
denotes |
Sample Restriction |
T473 |
74-91 |
Sentence |
denotes |
Firms Firm-Days |
T474 |
92-111 |
Sentence |
denotes |
Description Obs. |
T475 |
114-118 |
Sentence |
denotes |
Obs. |
T476 |
119-207 |
Sentence |
denotes |
Observations from 10 January to 31 March 2020 with CSMAR and RESSET data 3635 187,030 |
T477 |
208-247 |
Sentence |
denotes |
Less: financial companies −108 −5522 |
T478 |
248-303 |
Sentence |
denotes |
Less: missing data for measuring variables −52 −2703 |
T479 |
304-332 |
Sentence |
denotes |
Final sample 3475 178,805 |
T480 |
333-341 |
Sentence |
denotes |
Panel B: |
T481 |
342-363 |
Sentence |
denotes |
Distribution by Month |
T482 |
364-397 |
Sentence |
denotes |
Firm-Days CIPHT = 0 CIPHT = 1 |
T483 |
398-410 |
Sentence |
denotes |
Month Obs. |
T484 |
413-417 |
Sentence |
denotes |
Obs. |
T485 |
420-424 |
Sentence |
denotes |
Obs. |
T486 |
425-453 |
Sentence |
denotes |
January 34,147 33,910 237 |
T487 |
454-486 |
Sentence |
denotes |
February 68,645 21,675 46,970 |
T488 |
487-516 |
Sentence |
denotes |
March 76,013 58,875 17,138 |
T489 |
517-548 |
Sentence |
denotes |
Total 178,805 114,460 64,345 |
T490 |
549-557 |
Sentence |
denotes |
Panel C: |
T491 |
558-582 |
Sentence |
denotes |
Distribution by Industry |
T492 |
583-616 |
Sentence |
denotes |
Firm-Days CIPHT = 0 CIPHT = 1 |
T493 |
617-632 |
Sentence |
denotes |
Industry Obs. |
T494 |
635-639 |
Sentence |
denotes |
Obs. |
T495 |
642-646 |
Sentence |
denotes |
Obs. |
T496 |
647-684 |
Sentence |
denotes |
Accommodation and food 468 300 168 |
T497 |
685-714 |
Sentence |
denotes |
Comprehensive 1092 706 386 |
T498 |
715-745 |
Sentence |
denotes |
Construction 4775 2787 1988 |
T499 |
746-798 |
Sentence |
denotes |
Culture, sports, and entertainment 2953 1808 1145 |
T500 |
799-823 |
Sentence |
denotes |
Education 416 236 180 |
T501 |
824-889 |
Sentence |
denotes |
Farming, forestry, animal husbandry, and fishery 2027 1464 563 |
T502 |
890-927 |
Sentence |
denotes |
Health and social work 572 353 219 |
T503 |
928-1019 |
Sentence |
denotes |
Information transmission, software, and information technology services 14,413 8582 5831 |
T504 |
1020-1067 |
Sentence |
denotes |
Leasing and business services 2688 1514 1174 |
T505 |
1068-1106 |
Sentence |
denotes |
Manufacturing 115,676 74,983 40,693 |
T506 |
1107-1131 |
Sentence |
denotes |
Mining 3578 2516 1062 |
T507 |
1132-1208 |
Sentence |
denotes |
Production and supply of electricity, heat, gas, and water 5344 3573 1771 |
T508 |
1209-1238 |
Sentence |
denotes |
Real estate 5903 3559 2344 |
T509 |
1239-1296 |
Sentence |
denotes |
Resident services, repair, and other services 52 27 25 |
T510 |
1297-1357 |
Sentence |
denotes |
Scientific research and technical services 2798 1747 1051 |
T511 |
1358-1423 |
Sentence |
denotes |
Transportation, warehousing and postal services 5248 3405 1843 |
T512 |
1424-1506 |
Sentence |
denotes |
Water conservancy, environment, and public institution management 2648 1769 879 |
T513 |
1507-1551 |
Sentence |
denotes |
Wholesale and retail trade 8154 5131 3023 |
T514 |
1552-1583 |
Sentence |
denotes |
Total 178,805 114,460 64,345 |
T515 |
1584-1589 |
Sentence |
denotes |
Note: |
T516 |
1590-1668 |
Sentence |
denotes |
This table presents the sample restriction and distribution by month/industry. |
T517 |
1669-1757 |
Sentence |
denotes |
Panel A presents the sample restriction for the period from 10 January to 31 March 2020. |
T518 |
1758-1834 |
Sentence |
denotes |
Panel B presents the descriptive statistics of the sample over three months. |
T519 |
1835-1972 |
Sentence |
denotes |
Panel C presents an industry breakdown of the sample based on the China Securities Regulatory Commission industry classification in 2012. |
T520 |
1973-2038 |
Sentence |
denotes |
See Appendix A for definitions and measurements of the variables. |