Descriptive statistics of variables
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| Women business and law index | 3,524 | 68.809 | 18.633 | 17.5 | 100 |
| Women in parliament | 3,234 | 18.018 | 11.641 | 0 | 63.75 |
| Female labour force participation | 3,408 | 51.807 | 15.262 | 6 | 87.68 |
| Institutions | 3,550 | 0.013 | 0.928 | −2.1 | 12.768 |
| Rule of law | 3,550 | 0.002 | 0.992 | −2.13 | 2.13 |
| Corruption control | 3,549 | 0.047 | 1.66 | −1.816 | 67.603 |
| Government effectiveness | 3,547 | 0.056 | 0.99 | −2.308 | 2.437 |
| Political stability | 3,543 | −0.07 | 0.953 | −3.006 | 1.878 |
| Regulatory quality | 3,548 | 0.061 | 0.96 | −2.347 | 2.261 |
| Voice and accountability | 3,407 | −0.02 | 0.98 | −2.226 | 1.801 |
| Internet | 2,540 | 9.644 | 12.302 | 0 | 48.335 |
| Telephone | 3,485 | 18.298 | 18.494 | 0 | 74.988 |
| Mobile | 3,499 | 65.353 | 51.453 | 0 | 212.639 |
| Financial development | 2,980 | 51.383 | 45.072 | 0 | 304.575 |
| Foreign direct investment | 3,367 | 4.925 | 16.555 | −40.33 | 449.083 |
| GDP per capita | 3,496 | 8.544 | 1.446 | 5.466 | 11.39 |
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| Women business and law index | 3,524 | 68.809 | 18.633 | 17.5 | 100 |
| Women in parliament | 3,234 | 18.018 | 11.641 | 0 | 63.75 |
| Female labour force participation | 3,408 | 51.807 | 15.262 | 6 | 87.68 |
| Institutions | 3,550 | 0.013 | 0.928 | −2.1 | 12.768 |
| Rule of law | 3,550 | 0.002 | 0.992 | −2.13 | 2.13 |
| Corruption control | 3,549 | 0.047 | 1.66 | −1.816 | 67.603 |
| Government effectiveness | 3,547 | 0.056 | 0.99 | −2.308 | 2.437 |
| Political stability | 3,543 | −0.07 | 0.953 | −3.006 | 1.878 |
| Regulatory quality | 3,548 | 0.061 | 0.96 | −2.347 | 2.261 |
| Voice and accountability | 3,407 | −0.02 | 0.98 | −2.226 | 1.801 |
| Internet | 2,540 | 9.644 | 12.302 | 0 | 48.335 |
| Telephone | 3,485 | 18.298 | 18.494 | 0 | 74.988 |
| Mobile | 3,499 | 65.353 | 51.453 | 0 | 212.639 |
| Financial development | 2,980 | 51.383 | 45.072 | 0 | 304.575 |
| Foreign direct investment | 3,367 | 4.925 | 16.555 | −40.33 | 449.083 |
| GDP per capita | 3,496 | 8.544 | 1.446 | 5.466 | 11.39 |
Source(s): Constructed by authors