Table A2 Descriptive statistics of panel... | Emerald Publishing

Table A2

Descriptive statistics of panel data

	$d e p$	$e l e c$	$i n v$	$y$	$π$	$d i g$	$p o p$	$o u v$
Mean	22.23	54.02	26.54	4.55	4.68	2.34	2.31	−6.00
Median	20.92	49.70	25.04	4.46	4.12	0.52	2.63	−4.97
Maximum	42.71	100.00	53.59	19.68	17.87	24.20	3.88	11.32
Minimum	8.18	9.80	9.69	−5.72	−3.23	0.01	0.27	−33.42
Std Dev	8.66	30.50	9.07	3.01	3.94	4.38	0.79	6.71
Skewness	0.31	0.22	0.52	0.96	1.03	2.87	−0.67	−1.59
Kurtosis	2.20	1.64	2.83	7.82	4.41	11.11	2.53	7.10
Jarque–Bera	8.22	16.47	9.04	218.56	50.41	801.78	16.45	219.12
Probability	0.02	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Sum	4334.71	10533.24	5175.41	887.87	912.44	456.47	449.50	−1169.88
Sum Sq Dev	14541.31	180431.30	15963.35	1753.66	3004.94	3726.69	119.93	8731.91
Observations	195.00	195.00	195.00	195.00	195.00	195.00	195.00	195.00

	$d e p$	$e l e c$	$i n v$	$y$	$π$	$d i g$	$p o p$	$o u v$
Mean	22.23	54.02	26.54	4.55	4.68	2.34	2.31	−6.00
Median	20.92	49.70	25.04	4.46	4.12	0.52	2.63	−4.97
Maximum	42.71	100.00	53.59	19.68	17.87	24.20	3.88	11.32
Minimum	8.18	9.80	9.69	−5.72	−3.23	0.01	0.27	−33.42
Std Dev	8.66	30.50	9.07	3.01	3.94	4.38	0.79	6.71
Skewness	0.31	0.22	0.52	0.96	1.03	2.87	−0.67	−1.59
Kurtosis	2.20	1.64	2.83	7.82	4.41	11.11	2.53	7.10
Jarque–Bera	8.22	16.47	9.04	218.56	50.41	801.78	16.45	219.12
Probability	0.02	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Sum	4334.71	10533.24	5175.41	887.87	912.44	456.47	449.50	−1169.88
Sum Sq Dev	14541.31	180431.30	15963.35	1753.66	3004.94	3726.69	119.93	8731.91
Observations	195.00	195.00	195.00	195.00	195.00	195.00	195.00	195.00

Source(s): Authors' calculations