Table 1

Descriptive statistics

VariableObsMeanStd.DevMinMax
CO29031.2471.9540.0169.384
REC903257,000621,00028.8674,540,000
Internet90313.04116.5560.00684.12
Mobile90355.41346.240175.873
gdp90311.4642.1991.38915.52
Inst90304.783−10.9312.62

Note(s): The table summarizes the annual statistics of various variables in our sample. It compromises the number of observations (Obs), standard deviations (Std.Dev), minimum (Min) and maximum (Max)

Source(s): Authors

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