Summary statistics of the variables
| Variable | Obs | Mean | Median | Std. Dev | Min | Max |
|---|---|---|---|---|---|---|
| Bilateral Trade | 718 | 4.369097 | 4.634518 | 3.008702 | 0 | 9.721754 |
| ExRate_Vol | 784 | −2.16e-10 | −0.3357085 | 1 | −0.3866572 | 4.510213 |
| Level of output | 718 | 10.41026 | 10.43137 | 1.535177 | 6.570067 | 13.72588 |
| Output_Vol | 680 | 5.866776 | 6.140284 | 1.859783 | 0.5704427 | 9.393717 |
| Level of income | 718 | 7.219996 | 7.217312 | 0.6387917 | 5.708571 | 8.788816 |
| Bilateral distance | 784 | 7.364199 | 7.628828 | 0.6733352 | 5.925998 | 8.133459 |
| Language | 784 | 0.0114821 | 0 | 0.0414679 | 0 | 0.2166 |
| Border | 784 | 0.1785714 | 0 | 0.3832375 | 0 | 1 |
| Variable | Obs | Mean | Median | Std. Dev | Min | Max |
|---|---|---|---|---|---|---|
| Bilateral Trade | 718 | 4.369097 | 4.634518 | 3.008702 | 0 | 9.721754 |
| ExRate_Vol | 784 | −2.16e-10 | −0.3357085 | 1 | −0.3866572 | 4.510213 |
| Level of output | 718 | 10.41026 | 10.43137 | 1.535177 | 6.570067 | 13.72588 |
| Output_Vol | 680 | 5.866776 | 6.140284 | 1.859783 | 0.5704427 | 9.393717 |
| Level of income | 718 | 7.219996 | 7.217312 | 0.6387917 | 5.708571 | 8.788816 |
| Bilateral distance | 784 | 7.364199 | 7.628828 | 0.6733352 | 5.925998 | 8.133459 |
| Language | 784 | 0.0114821 | 0 | 0.0414679 | 0 | 0.2166 |
| Border | 784 | 0.1785714 | 0 | 0.3832375 | 0 | 1 |
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