Table 2.
Descriptive statistics
| Variables | Obs | Mean or Percent | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| ‘First-nature’ geography | |||||
| • Sea access | 885 | 4.97 | 2.16 | 1 | 7 |
| • Natural resources | 869 | 3.65 | 2.10 | 1 | 7 |
| • Natural environment | 875 | 4.95 | 1.63 | 1 | 7 |
| ‘Second-nature’ geography | |||||
| • Proximity to competitors | 871 | 4.03 | 1.88 | 1 | 7 |
| • Proximity to the capital | 869 | 3.93 | 1.98 | 1 | 7 |
| • Country location | 872 | 4.10 | 2.04 | 1 | 7 |
| Institutions | |||||
| • Corruption | 821 | 5.96 | 1.34 | 1 | 7 |
| • Local governance | 825 | 5.53 | 1.48 | 1 | 7 |
| Controls | |||||
| • Domestic | 935 | 92.12 | |||
| • Foreign | 80 | 7.88 | |||
| • Manufacturing | 223 | 21.97 | |||
| • Services | 792 | 78.03 | |||
| • Very small firm | 286 | 28.18 | |||
| • Small firm | 425 | 41.87 | |||
| • Medium firm | 228 | 22.46 | |||
| • Large firm | 76 | 7.49 | |||
| • Nr of Establishments = 1 | 644 | 66.39 | |||
| • Nr of Establishments > 1 | 326 | 33.61 | |||
| • Tax policy | 833 | 6.54 | 0.95 | 1 | 7 |
| • Infrastructure | 817 | 5.93 | 1.20 | 1 | 7 |