Table 1

Descriptive statistics

VariablesObsMeanStd. Dev.MinMax
Env_trade_agreement7,3920.3180.46601
Language7,3920.1670.37301
Contiguity7,39200.01201
FDI_outward5,7026.0132.871−11.61812.556
Corruption_j6,9301.6270.550.0062.435
GDP_i7,37027.4621.40323.45330.753
GDP_j7,39226.4581.55423.05630.548
Trade_GDP_j7,03561.4901532.49022.106186.676
Distance7,3928.8690.5826.3899.875

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