Descriptive statistics
| Variable | Obs | Mean | Std. dev. | Min | Max |
|---|---|---|---|---|---|
| CR (%) | 415 | 2.143 | 1.123 | 0.630 | 5.220 |
| SO (%) | 415 | 13.633 | 30.746 | 0 | 97.180 |
| FO (%) | 415 | 10.185 | 11.644 | 0 | 30 |
| OC (%) | 415 | 23.427 | 27.806 | 4.000 | 97.180 |
| SIZE | 415 | 5.124 | 0.550 | 3.522 | 6.362 |
| EA (%) | 415 | 8.944 | 3.493 | 4.660 | 16.970 |
| GDP (%) | 415 | 5.799 | 1.440 | 2.560 | 8.020 |
| INF (%) | 415 | 5.443 | 4.304 | 0.600 | 18.600 |
| Variable | Obs | Mean | Std. dev. | Min | Max |
|---|---|---|---|---|---|
| CR (%) | 415 | 2.143 | 1.123 | 0.630 | 5.220 |
| SO (%) | 415 | 13.633 | 30.746 | 0 | 97.180 |
| FO (%) | 415 | 10.185 | 11.644 | 0 | 30 |
| OC (%) | 415 | 23.427 | 27.806 | 4.000 | 97.180 |
| SIZE | 415 | 5.124 | 0.550 | 3.522 | 6.362 |
| EA (%) | 415 | 8.944 | 3.493 | 4.660 | 16.970 |
| GDP (%) | 415 | 5.799 | 1.440 | 2.560 | 8.020 |
| INF (%) | 415 | 5.443 | 4.304 | 0.600 | 18.600 |
Source(s): Compilation and analysis by the authors using Stata software
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