Table 2 Statistical description of variables
Variables (units) | Observation | Average value | Standard deviation | Minimum value | Maximum value |
|---|---|---|---|---|---|
Green (–) | 270 | 1.022 | 0.138 | 0.661 | 1.674 |
REC (%) | 270 | 3.387 | 3.711 | 0.003 | 20.439 |
TC (–) | 270 | 1.025 | 0.187 | 0.439 | 1.819 |
EC (–) | 270 | 1.012 | 0.124 | 0.617 | 1.661 |
FED/(million toe/billions of US dollars) | 270 | 0.106 | 0.056 | 0.034 | 0.312 |
PGDP | 270 | 10.214 | 0.650 | 8.831 | 11.686 |
DEN/(people) | 270 | 4.612 | 0.774 | 2.861 | 6.231 |
GOV/(%) | 270 | 38.991 | 7.068 | 17.616 | 62.381 |
UNE (%) | 270 | 9.496 | 4.653 | 2.750 | 27.466 |