Table 3.

Descriptive statistics

VariablesObs.MeanSDMin.Max.
VAA (in million dollars)5626,66014,800118109,000
Financial development54719.64117.5440.007106.260
Education5430.4260.1250.1370.736
Fixed broadband5050.7242.596025.413
Fixed telephone5692.4175.439037.640
Internet55212.01614.2620.15570
MO10057458.96842.1830.209165.600
Economic growth5691917.2022350.854128.33711208.340
Land57023614.66022247.4908697608
Labor54453.06520.8404.60090.620
Source(s): Authors’ work

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