Table 2 Descriptive statistics (30... | Emerald Publishing

Table 2

Descriptive statistics (30 developed countries)

Variable	Obs	Mean	Std. Dev	Min	Max
GIN	540	31.626	4.244	23.7	42.5
INN	540	71.336	19.380	14.67	99.5
BRO	540	25.315	11.629	0.075	46.820
GDP	540	40622.7	21640.02	8008.474	111968.4
EDU	540	102.155	4.143	95.648	127
OPE	540	110.877	66.454	22.154	408.362
GOV1	540	1.304	0.713	−0.189	2.469
GOV2	540	1.377	0.475	0.197	2.353
GOV3	540	0.778	0.550	−1.626	1.755
GOV4	540	1.334	0.362	0.148	2.047
GOV5	540	1.361	0.489	0.083	2.100
GOV6	540	1.225	0.287	0.570	1.800

Variable	Obs	Mean	Std. Dev	Min	Max
GIN	540	31.626	4.244	23.7	42.5
INN	540	71.336	19.380	14.67	99.5
BRO	540	25.315	11.629	0.075	46.820
GDP	540	40622.7	21640.02	8008.474	111968.4
EDU	540	102.155	4.143	95.648	127
OPE	540	110.877	66.454	22.154	408.362
GOV1	540	1.304	0.713	−0.189	2.469
GOV2	540	1.377	0.475	0.197	2.353
GOV3	540	0.778	0.550	−1.626	1.755
GOV4	540	1.334	0.362	0.148	2.047
GOV5	540	1.361	0.489	0.083	2.100
GOV6	540	1.225	0.287	0.570	1.800

Source(s): Own elaboration