Alecos Papadopoulos, "The Stingray copula for negative dependence"
papadopalex@aueb.gr
ORCID : 0000-0003-2441-4550

Data sample used in the empirical illustration of the article.

Sample size n = 819.
2019 Balance Sheet data of Greek firms in the Buildings Construction sector 
(the 3-digit NACE rev2 classification is “412-
Construction of residential and non-residential buildings”).

The data file contains six columns (tab-separated).

obs = observation index.
firmid = Tax ID number
year = Balance Sheet year (all 2019)
cc = EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization), in euros.
k1 = Fixed Assets, in euros.	
k2 = Inventory, in euros.

The variable CA in the empirical illustration is constructed as CA = (k1+k2)/1000000
The variable r_K in the empirical illustration is constucted as r_K = cc / (k1+k2)

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