Table 2 Descriptive statistics and... | Emerald Publishing

Table 2

Descriptive statistics and a-priori expectations

Variables	Mean	SD	Min	Max	a priori
HDI	0.51	0.11	0.28	0.80	N/A
Remittances	3.71	5.67	0.00	41.50	+
Gross fixed capital formation	15.41	6.70	4.40	41.89	+
Household final consumption	73.56	22.98	23.71	228.36	−/+
Domestic credit by banks	20.47	18.65	0.93	106.26	+
Gov't final consumption	22.56	8.58	5.89	79.46	−/+
Inflation rate	6.04	5.56	−3.10	36.96	−
Population growth	2.39	0.92	−2.63	4.38	−/+
GDP growth rate	4.56	3.49	−20.60	20.72	+
Economic freedom	6.3	0.7	4.6	8.2	+
Democracy	4.7	3.3	0	10	+

Variables	Mean	SD	Min	Max	a priori
HDI	0.51	0.11	0.28	0.80	N/A
Remittances	3.71	5.67	0.00	41.50	+
Gross fixed capital formation	15.41	6.70	4.40	41.89	+
Household final consumption	73.56	22.98	23.71	228.36	−/+
Domestic credit by banks	20.47	18.65	0.93	106.26	+
Gov't final consumption	22.56	8.58	5.89	79.46	−/+
Inflation rate	6.04	5.56	−3.10	36.96	−
Population growth	2.39	0.92	−2.63	4.38	−/+
GDP growth rate	4.56	3.49	−20.60	20.72	+
Economic freedom	6.3	0.7	4.6	8.2	+
Democracy	4.7	3.3	0	10	+

Source(s): Authors' computations