Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Descriptive statistics of the data.

From: The role of institutional quality in the international trade of a Latin American country: evidence from Colombian export performance

Variable Mean St. Dev Min. Max.
XColj 174 763 0 9790
LogDISTColj 9843.69 4635.13 733.53 19,369.97
CONTIGColj 0.04 0.19 0 1.00
COMLANGColj 0.14 0.35 0 1.00
LogGDPj 510,000 1,640,000 1240 17,900,000
LogLABCOMPCol 13,461.85 864.9 11,670.21 14,559.61
WTOj 0.86 0.34 0 1.00
OECDj 0.24 0.43 0 1.00
FTAij 0.16 0.37 0 1.00
Control of corruptionCol − 0.30 0.09 − 0.41 − 0.12
Control of corruptionj 0.05 1.06 − 1.67 2.47
Government effectivenessCol − 0.06 0.09 − 0.25 0.07
Government effectivenessj 0.16 0.99 − 2.09 2.44
Political stabilityCol − 1.40 0.42 − 2.06 − 0.77
Political stabilityj − 0.04 0.95 − 2.97 1.62
Regulatory qualityCol 0.30 0.14 0.01 0.50
Regulatory qualityj 0.15 1.02 − 2.53 2.26
Rule of lawCol − 0.38 0.10 − 0.62 − 0.26
Rule of lawj 0.06 1.03 − 2.34 2.10
Voice and accountabilityCol − 0.07 0.13 − 0.32 0.19
Voice and accountabilityj − 0.001 1.02 − 2.31 1.74
Observations 1904
  1. Exports and GDP data in millions of USD