Variables

Obs

Mean

Std.Dev.

Min

Max

GDP per capita (GDP)

520

25.329

31.962

7.262

298.69

Expenditure decentralization (EXD)

520

0.989

1.142

0.249

8.534

Revenue decentralization (RED)

520

1.760

3.606

0.079

36.150

Foreign direct investment (FDI)

520

2859.9

6066.0

0.05

41349

Government investment (GINV)

520

6.446

4.488

0.831

27.274

Private investment (PINV)

520

23.111

9.586

0.731

72.830

Labor force (LABO)

520

55.765

4.890

36.621

67.396

Trade openness (OPEN)

520

87.820

117.98

1.052

894.16

Consumer price index (CPI)

520

110.46

6.325

99.2

140

Infrastructure (TELE)

520

1816.3

8401.2

29.6

85215