Table 2

Summary Statistics of Business Travel Data: Independent Variables

Panel A: Business Travel Data
VariableCategoriesObservationsFrequency
TotalFemaleTotal
Female05,577,82100.7511
11,848,5691,848,5690.2489
Direct flight0782,045171,6600.1053
16,644,3451,676,9090.8947
Age≤24 years old51,94320,6660.0700
  (dummy variables)25–341,179,011395,1860.1588
35–442,388,891618,1590.3217
45–542,483,155557,0190.3344
55–641,193,808235,5410.1608
≥65129,58221,9980.0174
Length of stay≤1 day993,032246,3000.1337
  (dummy variables)1–21,611,981399,4150.2171
2–31,451,544376,0200.1955
3–41,209,934312,9270.1629
≥52,159,899513,9070.2908
Number of trips per traveler≤5 trips per year2,987,066910,4090.4022
  (dummy variables)6–101,657,749402,5030.2232
11–151,018,632217,7200.1372
≥161,762,943317,9370.2374
Ticket classEconomy Class6,629,5541,687,5190.8927
  (dummy variables)Premium Economy276,51758,7980.0372
Business Class486,58595,5790.0655
First Class33,7346,6730.0045
Flight typeDomestic4,662,5231,266,3260.6278
  (dummy variables)Continental1,909,052416,3300.2571
Intercontinental854,815165,9130.1151
Panel B: Economic Preference Data
Obs.MeanSDMin.Max.
Patience7,011,259−0.0880.090−0.2880.085
Risk-taking7,011,259−0.3090.102−0.3950.028
Altruism7,011,2590.1970.066−0.1610.406
Positive reciprocity7,011,2590.1010.085−0.2070.270
Negative reciprocity7,011,259−0.2720.117−0.4670.036
Trust7,011,2590.2770.154−0.1430.418
  • Notes: Each observation represents one round-trip flight. The table displays, for selected independent variables used in Table 4, the categories, the number of observations, and the frequency by category. The total number of observations per variable in Panel A is 7,426,390, which is the total number of observations in Table 4. The frequencies of the categories per variable sum to 100 percent. See Appendix 1 for the definitions of the variables and fixed effects. Panel B presents summary statistics from the merged preferences data obtained from the Global Preference Survey (GPS) as presented by Falk et al. (2018). For each preference item, the number represents the mean gender difference by country in the original preference. A positive coefficient means that women in that country have higher values in the respective preference. The preferences are in the same unit as the original preference measure from the GPS. See Table 3 for a summary of the survey items for each preference. See Section II.B and Appendix 2 for details about the preference data.