Table 7.
Summary statistics of three key variables of interest: GLOB, FREE and CONV
| Variable | Obs. | Mean | Std. Dev. | Min | Max |
|---|---|---|---|---|---|
| All countries | |||||
| Globalization (KOF) | 4198 | 50.99 | 19.67 | 11.55 | 92.83 |
| Freedoms | 4230 | 4.62 | 1.92 | 1 | 8 |
| Convergence | 4247 | 31.5 | 32.5 | 0.9 | 267.6 |
| OECD Countries | |||||
| Globalization (KOF) | 1144 | 72.82 | 13.61 | 31.19 | 92.83 |
| Freedoms | 1135 | 6.67 | 0.73 | 2 | 7 |
| Convergence | 1144 | 70.7 | 23.8 | 21.2 | 181.3 |
| Non-OECD Countries | |||||
| Globalization (KOF) | 3054 | 42.83 | 14.76 | 11.55 | 88.27 |
| Freedoms | 3095 | 3.87 | 1.66 | 1 | 8 |
| Convergence | 3103 | 17.1 | 21.6 | 0.9 | 267.6 |