Variables

Units of

measurement

Mean

Standard

deviation

Maximum

Minimum

Inward FDI

Current million US $

2836.349

9668.668

81268.20

0.480000

Tourists

Ten thousand

409.6982

1472.383

7935.700

2.280000

GDP

Current million US $

1,674,595

2,926,363

17,419,000

52623.10

Corruption

Indicators range from

−2.5 to 2.5

1.183634

0.786548

2.430000

−0.770000

Fair Competition

Indicators range from

0 to 10

6.424969

0.939051

8.310000

4.140000

EPA

1 for EPA taking effect

and 0 otherwise

0.093168

0.291120

1.000000

0.000000

GDP Sum

Current million US $

6,141,160

4,436,443

27,773,832

1,257,884

GDP Diff Squared

Current million US $

2.39E+13

3.06E+13

1.24E+14

5.89E+08

Factor Diff

Current million US $

25027.83

18687.68

82428.42

−6008.510

GDP Diff

*Factor Diff

Current million US $

−6.98E+10

1.66E+11

4.97E+11

−7.53E+11