Table 2

Descriptive statistics

VariableObsMeanStd. dev.MinMax
IU83530.04228.9480.00095.000
LNIU8182.5941.742−8.1484.554
FBS7597.63110.6840.00138.945
LNFBS7590.2872.567−6.6193.662
GDPGR9483.7445.206−14.27723.171
INF7964.4354.699−2.59526.800
DCPS65165.00150.9841.361267.934
LNDCPS6513.8230.9180.3085.591
GCP71427.5239.25610.37960.693
LNGCP7143.2600.3332.3404.106
FDI8774.2886.582−4.03136.175
GCE [Million US$]629285,000,000940,000,0002355,760,000,000
LNGCE62928.0074.45019.27336.289
PGR1,0121.0751.138−2.9843.926
TRADE833102.45173.36224.390402.223
LNTRADE8334.4360.6112.4736.093
UNM8344.9253.3580.41014.807
URBAN1,01253.62827.74013.091100.000
COR863−0.0230.970−1.6162.321
POL8620.1271.064−2.6711.493

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