Table 2

Descriptive statistics

Variable nameObsMeanStd. DevMinMax
EOC1+711.1420.2670.752.3
EOC1+ male711.1380.2300.722.03
EOC1+ female711.1800.3650.692.66
EOC6+711.9011.2180.538.83
EOC6+ male711.8640.96905.864
EOC6+ female711.9131.31607.749
Collectivism-Individualism710.3670.22901
Duty-Joy710.5350.2090.1090.894
Distrust-Trust710.3640.16501
GDP growth710.0260.028−0.1360.102
Labour Market Regulations710.6510.1180.4290.912
Labour Force Education560.7530.0770.4760.886
Cat1710.0990.30001
Cat2710.0420.20301
Cat3710.2820.45301
Cat4710.1970.40101
Cat5710.3800.48901

Note(s): Descriptive statistics are presented for the dependent and independent variables. Higher values of the culture variables Collectivism-Individualism, Duty-Joy and Distrust-Trust indicate higher levels of Individualism, Joy and Trust respectively

Source(s): Created by author

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