Table 2 Descriptive statistics
From: Digital adoption and efficiency in the maritime industry
Mean | Median | Bottom decile | Top decile | Standard deviation | |
|---|---|---|---|---|---|
Digital variables | |||||
Broadband Internet Connection | 0.3412 | 0.3111 | 0.1451 | 0.6310 | 0.1743 |
Enterprise Resource Planning | 0.3321 | 0.3016 | 0.1022 | 0.5986 | 0.1712 |
Customer Relationship Management | 0.3316 | 0.2788 | 0.1369 | 0.5566 | 0.1707 |
Ecommerce Website | 0.2359 | 0.1869 | 0.0643 | 0.4964 | 0.1769 |
Sophisticated Cloud Computing | 0.1245 | 0.1144 | 0.0316 | 0.2777 | 0.1216 |
1st principal component | 0.8466 | 0.3469 | − 1.6145 | 4.2648 | 2.2730 |
Firm-level variables | |||||
MFP growth | 0.0097 | 0.0095 | − 0.2411 | 0.2665 | 0.2551 |
Frontier growth | 0.0185 | 0.0174 | − 0.213 | 0.0648 | 0.0267 |
Gap to frontier | 17,690 | 1.5669 | 0.7553 | 2.1247 | 0.6119 |
Age | 19.4581 | 17 | 3 | 39 | 15.6541 |
Employees | 3.4684 | 3.2451 | 2.6840 | 4.6496 | 1.0556 |
Capex | 10.5596 | 10.5166 | 8.1236 | 11.1025 | 1.6499 |
Industry-level variables | |||||
Routine intensity | − 0.1016 | 0.0215 | − 0.6953 | 0.3466 | 0.3517 |
Skill shortages | − 0.0448 | − 0.0236 | − 0.2148 | 0.2080 | 0.2153 |
Resource management skills | 0.0038 | 0.0055 | − 0.0270 | 0.0285 | 0.0188 |
Management of personnel resources | 0.0045 | 0.0057 | − 0.0245 | 0.0385 | 0.0349 |
Computer and electronics | 0.0156 | 0.0113 | − 0.0322 | 0.0745 | 0.0483 |
Technical skills | − 0.0014 | − 0.0007 | − 0.0176 | 0.0146 | 0.0272 |