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Table 2 Descriptive statistics results

From: The effect of military spending on economic growth in MENA: evidence from method of moments quantile regression

Variables

Obs.

Mean

Std. dev

Min.

Max.

p1

p99

Skew

Kurt

RGDP

546

130.445

139.027

6.700

700.000

7.200

650.000

1.734

5.927

RGDPPCP

546

15,222.54

17,435.490

1154.740

113,095

1363.27

68,780.600

1.882

7.155

MIL

546

7638.915

11,956.14

192.024

90,409.2

252.536

64,698.3

3.495

17.956

MIL_GDP

546

0.061

0.064

0.011

1.173

0.013

0.184

10.658

176.072

EMPL

546

5.462

5.980

0.127

26.795

0.150

24.648

1.586

4.942

POPGR

546

2.880

1.974

 − 3.365

15.177

0.093

9.174

1.667

10.202

CAPSTK

546

1,140,000

1,440,000

54,696.2

7,100,000

71,012.8

6,700,000

2.166

7.513

FDI

546

2.131

3.389

 − 5.288

33.566

 − 2.574

15.325

3.299

21.775

FROPEN

546

82.928

37.609

0.021

251.139

3.791

190.33

0.933

4.364

  1. RGDP, RGDPPCP, MIL, MIL_GDP, EMPL, POPGR, CAPSTK, FDI and TROPEN denote real gross domestic product (M’USD), real gross domestic product per capita (M’USD), military expenditure (M’USD), military burden, employment (M), population growth (%), capital stock at a constant price, 2017 (M'USD), foreign direct investment (%) and trade openness (%), respectively