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Table 3 Descriptive statistics of key variables used in the study

From: Performance, behaviour and organization of maize trading in Malawi

Variable No. of traders Mean SD. Min Max
Log of profit 172 4.9 2.178 .613 7.133
Age of business 172 7.263 5.706 1 28
Age of trader 172 34.127 9.043 20 71
Trader is male 172 .919 .274 0 1
Trader dictates prices 172 .39 .488 0 1
Trader interaction (count) 172 9.906 9.544 1 90
Distance to nearest market (log mins) 172 2.674 1.112 0 4.787
Trader has an export licence 172 .093 .291 0 1
Industry size (log) 172 2.187 .98 2 4.605
Measures of social capital
  Religion of trader
    Roman Catholic 172 .152 .781 0 1
    Christian Protestant 172 .651 .477 0 1
    Islam 172 .14 .347 0 1
    African Traditional Religion 172 .006 .076 0 1
    None 172 .041 .198 0 1
    Other religions 172 .012 .107 0 1
  Trader’s mother tongue
    Chiyawo 172 .041 .198 0 1
    Chilomwe 172 .035 .184 0 1
    Chisena 172 .006 .076 0 1
No. family members in business 172 1.285 1.446 1 8
No. close friends in business 172 5.622 6.373 0 40
Contacts with regional traders 172 12.32 12.15 0 100
Contacts with distant traders 172 8.564 9.066 0 60
Experience (years) with brokers 172 4.378 2.452 1 15
Business was registered 172 .244 .43 0 1