RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE Appendix A: Summary Statistics

Gulnara Nolan, Jonathan Hambur and Philip Vermeulen

December 2023

Table A1: Summary Statistics
Extensive margin, by size
  Large Medium Small
BAS(a)
Share of firms investing – % 78 50 25
No of observations 287,801 3,961,966 29,650,565
CAPEX(b)
Share of firms investing – % 86 61 24
No of observations 140,296 112,490 152,599

Notes: Size is defined as small (< 20 staff), medium (20–199 staff) and large (200+ staff).

  1. Calculations over full sample period.
  2. Sample is smaller to that shown in Table 2 due to the exclusion of firms with undefined sizes.

Sources: ABS; Authors' calculations.