Table 1. Descriptive statistics of... | Emerald Publishing

Table 1.

Descriptive statistics of variables

Variable	Observations	Mean	Std. dev.	Min	Max
Real GDP per capita (US$ at 2010 constant prices)	1,328	3,443.437	2,952.973	212.547	1,5219.88
Government general expenditure (% of GDP)	1,278	15.235	6.532	3.460	135.784
Inflation (% growth in consumer price index)	1,292	6.284	6.471	−18.109	59.2197
Trade openness (% of GDP)	1,306	79.113	32.111	0.167	203.829
Labor force (% of total population ages 15–64)	1,328	66.144	10.502	39.49	90.34
Fixed capital formation (% of GDP)	1,276	24.075	8.778	2.047	75.195
Secondary school enrollment (% gross)	1,007	67.575	26.191	6.619	126.054
Primary pupil-teach ratio (%)	1,024	30.292	12.691	8.680	82.795
Domestic credit to private sector (% GDP)	1,292	35.799	27.582	0.001	160.125
Domestic credit provided by financial sector (% GDP)	1,282	45.872	38.301	−28.735	215.238

Variable	Observations	Mean	Std. dev.	Min	Max
Real GDP per capita (US$ at 2010 constant prices)	1,328	3,443.437	2,952.973	212.547	1,5219.88
Government general expenditure (% of GDP)	1,278	15.235	6.532	3.460	135.784
Inflation (% growth in consumer price index)	1,292	6.284	6.471	−18.109	59.2197
Trade openness (% of GDP)	1,306	79.113	32.111	0.167	203.829
Labor force (% of total population ages 15–64)	1,328	66.144	10.502	39.49	90.34
Fixed capital formation (% of GDP)	1,276	24.075	8.778	2.047	75.195
Secondary school enrollment (% gross)	1,007	67.575	26.191	6.619	126.054
Primary pupil-teach ratio (%)	1,024	30.292	12.691	8.680	82.795
Domestic credit to private sector (% GDP)	1,292	35.799	27.582	0.001	160.125
Domestic credit provided by financial sector (% GDP)	1,282	45.872	38.301	−28.735	215.238