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Table 1 Summary statistics of Asian countries

From: The role of knowledge economy in Asian business

 

Variables

Obs

Mean

Std Dev

Min

Max

Knowledge Economy

Educatex

425

− 0.012

1.00

− 1.54

8.181

ICTex

772

− 0.002

1.11

0.305

8.492

Creditex

558

− 0.049

0.94

1.664

3.634

Instireg

731

0.001

1.00

− 2.495

2.878

Innovex

632

0.084

1.39

− 0.374

17.239

Starting Business

Time to Start(log)

621

1.476

1.509

1

2.27

Cost to start(log)

731

2.570

3.390

0

4.616

New business density

435

2.229

4.18

0.067

1.59

New business registration(log)

435

4.208

4.328

1.128

5.093

Doing Business

Cost to export(log)

252

2.264

2.45

0.00

3.255

 

Trade Tariff

600

6.830

17.672

0.00

421.5

 

Trade Openness(log)

860

1.76

2.239

0 .00

3.225

 

ICT goods exports

566

7.38

12.45

0.00

54.97

 

ICT services exports(log)

588

9.39

9.970

4.165

1 .894

 

High-technology exports(log)

340

10.511

11.001

2.079

11.816

 

Contract Enforcement(log)

651

2.801

2.554

120

3.435

 

Registration of property(log)

600

1.691

1.816

1

2.475

 

Investor protection: Disclosure

645

6.09

2.52

0

10

Closing Business

Insolvency resolution

565

2.679

1.296

0.8

6

Control Variables

Inflation

776

5.742

7.026

− 18.108

57.0745

 

GDPg

800

5.501

5.830

− 33.100

64.0812

 

GExp

747

14.552

9.266

3.460

135.809