Table 1 Summary statistics Variable Obs... | Emerald Publishing

Table 1

Summary statistics

Variable	Obs	Mean	Std. dev	Min	Max
Unemployment	384	8.086	6.701	0.32	32.310
Remittance	384	2.988	2.872	0	10.697
Institutional quality	384	0.456	0.222	0	1
Real GDP growth	384	4.535	2.702	−7.652	14.047
Inflation	384	109.259	59.860	40.8234	890.229
Financial development	384	0.173	0.125	0.030	0.646
Trade openness	384	62.492	22.856	16.141	127.063

Variable	Obs	Mean	Std. dev	Min	Max
Unemployment	384	8.086	6.701	0.32	32.310
Remittance	384	2.988	2.872	0	10.697
Institutional quality	384	0.456	0.222	0	1
Real GDP growth	384	4.535	2.702	−7.652	14.047
Inflation	384	109.259	59.860	40.8234	890.229
Financial development	384	0.173	0.125	0.030	0.646
Trade openness	384	62.492	22.856	16.141	127.063

Note(s): Obs stands for observations; Std. dev. denotes standard deviation; Min represents minimum and Max is maximum