Variables

Obs

Mean

Std. Dev.

Min

Max

Real GDP per capita (GDP)

520

25.329

31.962

7.262

298.691

Government investment (GINV)

520

6.446

4.488

0.831

27.274

Institutional quality (PCI)

520

57.236

6.287

37.96

77.2

Private investment (PINV)

520

23.111

9.586

0.731

72.830

Recurrent expenditure (GEXP)

520

12.379

6.983

1.021

51.583

Labor force (LABO)

520

55.765

4.890

36.621

67.396

Trade openness (OPEN)

520

87.820

117.983

1.052

894.168

Consumer price index (CPI)

520

110.462

6.325

99.2

140

Infrastructure (TELE)

520

1816.343

8401.272

29.6

85215