Variable type | Variable name | Calculation method | Obs. | Mean | Std. | Min | Max |
Explained variable | Quality of economic development | Based on the above calculation results | 330 | 0.26 | 0.095 | 0.11 | 0.693 |
Core explanatory variables | General public service expenditure | General Public Service Expenditure/General Fiscal Budget Expenditure | 330 | 0.111 | 0.034 | 0.042 | 0.205 |
Science, Education, Culture and Health expenditure | (Science and Technology Expenditure + Education Expenditure + Cultural Sports and Media Expenditure + Medical Expenditure)/General Fiscal Budget Expenditure | 330 | 0.274 | 0.036 | 0.183 | 0.347 | |
Social security and employment expenditure | Social Security and Employment Expenditure/General Fiscal Budget Expenditure | 330 | 0.128 | 0.032 | 0.058 | 0.275 | |
Environmental protection expenditure | Environmental Protection Expenditure/General Fiscal Budget Expenditure | 330 | 0.03 | 0.011 | 0.008 | 0.067 | |
Economic construction expenditure | (Urban and rural community affairs expenditure + agriculture, forestry and water affairs expenditure + transportation expenditure)/General Fiscal Budget Expenditure | 330 | 0.262 | 0.047 | 0.149 | 0.384 | |
Control variable | Scale of fiscal expenditure | General Fiscal Budget Expenditure /GDP | 330 | 0.228 | 0.097 | 0.087 | 0.627 |
GDP per capita | Real GDP per capita in 2007 | 330 | 3.673 | 2.054 | 0.794 | 11.077 | |
Level of opening up | Total imports and exports/GDP | 330 | 0.305 | 0.366 | 0.017 | 1.784 |