Table 1.

Descriptive statistic of LA&C developing countries.

Variables	Obs	Mean	Std. Dev.	Min	Max	Skewness	Kurtosis
GFDIit	460	2.6187	0.9497	−0.3888	4.9087	4.6756	29.0461
REMit	460	8.6767	0.8594	5.9531	10.4857	−0.4959	2.8743
ODAit	460	29.0816	67.8982	26.9004	555.8688	4.1275	23.8356
TOit	460	−0.1453	0.1904	−0.7841	0.3154	−0.3904	3.1463
POPit	460	6.6903	0.8078	5.2378	8.3207	−0.0129	2.3537
INFit	460	8.0895	16.7249	−7.1137	254.9485	9.5976	121.9272
EDUit	460	−0.2319	0.0786	0.4776	−0.1053	−1.2023	4.0099
HEALTHit	460	−0.1049	0.0382	−0.2426	−0.0343	−1.0965	4.4538
EGit	460	−0.2057	0.0710	−0.4168	−0.1048	−1.1274	3.7359
HDIit	460	−0.1808	0.0549	−0.3615	−0.1008	−1.3685	4.5973