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Table 4 Descriptive statistics of studied variables

From: Exploring the CO2 emissions drivers in the Nigerian manufacturing sector through decomposition analysis and the potential of carbon tax (CAT) policy on CO2 mitigation

Stats

Obs

Firm Factors

Control variables

Energy consumption (GJ)

CO2 emission (GJ)

Sales (million)

COGS (million)

Assets (million)

Equity (million)

PCU (million)

Innovation (R&D) (million)

Tangibility (million)

Firm leverage (%)

Avg

3,748

6,574,882

196,791,746,405.78

233,555,113.7

90,508,525.9

37,210,526.8

26,408,013.5

91,428,416

2,525,596.3

10,953,742

0.4090819

Max

3,748

10,029,245

299,808,833,060.12

240,263,740

94,380,510

38,616,952

27,282,798

101,888,719

2,632,592

11,317,267

0.4284102

Min

3,748

4,002,740

119,915,043,659.65

228,279,152

88,195,549

36,067,388

25,779,865

79,610,580

2,446,389

10,675,920

0.3875708

Med

3,748

7,332,778

219,810,743,336.54

233,240,978

89,901,271

37,197,924

26,273,291

89,013,345

2,517,981

10,889,024

0.4095538

SD

3,748

2,260,661

67,625,724,355.02

5,016,903.273

1,895,918.03

781,205.615

526,396.639

6,666,422.2

58,815.852

204,044.82

0.0122712