TableĀ 2

Descriptive statistics

VariableObsMeanStd. Dev.MinMax
GREC950.8460.030.8170.905
GCC Labor11413.180.2512.6413.54
GCC Capital11422.650.6921.124.22
GCC CO21143.0780.342.4843.931
GCC NRE Production1039.290.48.3539.906
GCC GDP11410.210.579.04511.35

Note(s): GCC: Gulf Cooperation Council, GREC: Global-Renewal Energy Consumption, NREP: Non-Renewal Energy Production, GDP: Gross Domestic Product

Source(s): Authors work

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