Table 2.

Summary statistics. The number of observations, mean, standard deviation, minimum, maximum and mean across the various income levels are reported providing an overview of the data distribution.

Variables						High	Upper-mid	Lower-mid	Low
	N	Mean	SD	Min	Max	Mean	Mean	Mean	Mean
Life expectancy a	724	72.07	7.626	52.30	84.62	79.87	73.18	67.94	62.11
Access to information b	951	63.09	27.11	1.309	100	87.69	68.74	45.85	19.69
Industry b	1085	25.95	11.45	2.759	80.31	26.14	27.34	27.05	20.52
Subjective well-being	654	5.569	1.105	2.180	7.890	6.684	5.527	4.845	4.301
Economy scale GDP c	1095	751.9	2639	0.1093	30,340	1090	986	442	52.5
Regulatory quality	1164	−0.0308	0.992	−2.387	2.227	1.038	−0.1591	−0.6360	−0.9794

Notes:d N indicates the number of observations.

^aDenoted in years.

^bDenoted in percent.

^cDenoted in billions of USD.