Table 2.

Summary statistics.

Variables	CO2	CGI	EGY	EG	FDI	HDI	PGR	TOP	URB
Full panel
Mean	5.091	0.746	9.224	3.366	0.382	0.667	1.340	87.061	58.367
Standard deviation	6.648	0.293	1.728	5.441	0.240	0.195	1.719	50.450	23.886
Mininum	0.019	0.026	0.567	−50.339	0.039	0.017	−18.530	11.093	4.017
Maximum	62.259	0.987	13.396	86.827	0.975	0.962	21.260	468.568	100.00
Observations	4140	4140	4140	4140	4140	4140	4140	4140	4140
HIC
Mean	8.614	0.796	9.494	2.563	0.486	0.794	1.187	100.09	73.586
Standard deviation	8.431	0.319	1.767	4.400	0.234	0.170	1.743	54.679	20.674
Mininum	0.136	0.045	3.180	−23.508	0.026	0.110	−11.99	38.680	14.303
Maximum	11.259	0.847	13.396	33.629	0.975	0.962	21.260	408.362	69.853
Observations	1587	1587	1587	1587	1587	1587	1587	1587	1587
UMIC
Mean	3.943	0.778	3.729	9.398	0.213	0.970	1.093	78.033	61.356
Standard deviation	3.443	0.327	1.590	6.424	0.409	0.168	1.521	35.390	9.709
Mininum	5.067	0.347	1.664	17.099	0.110	0.015	−9.061	14.382	14.317
Maximum	18.437	0.794	12.908	63.480	0.739	0.805	12.00	236.00	92.17
Observations	1059	1059	1059	1059	1059	1059	1059	1059	1059
LMIC
Mean	2.482	0.726	9.058	3.885	0.332	0.564	1.709	89.779	46.128
Standard deviation	0.135	0.258	1.620	0.231	0.227	0.127	1.925	60.846	16.337
Mininum	0.093	0.244	4.180	−29.100	0.019	0.189	−4.950	22.619	13.379
Maximum	31.105	0.886	11.983	21.452	0.917	0.786	18.910	468.568	78.380
Observations	851	851	851	851	851	851	851	851	851
LIC
Mean	1.721	0.651	8.470	4.031	0.292	0.437	1.616	66.196	32.077
Standard deviation	3.745	0.290	1.787	0.974	0.240	0.124	1.625	32.517	12.279
Mininum	0.019	0.022	4.596	−50.339	0.030	0.019	−18.53	1.862	8.246
Maximum	21.996	0.807	11.431	86.827	0.910	0.802	9.900	290.499	63.852
Observations	643	643	643	643	643	643	643	643	643