Table 1 Variable, data sources and descriptive statistics
Variable | Definition of Variables | Mean | Maximum | Minimum | SD | Source |
|---|---|---|---|---|---|---|
ln CO2 | CO2 emissions (metric tons per capita) | 2.022717 | 2.618465 | 1.465926 | 0.255582 | WDI, World Bank |
ln Energy | Energy use (kg of oil equivalent per capita) | 8.297751 | 9.807975 | 7.594299 | 0.49325 | WDI, World Bank |
ln Rgdp | GDP per capita (constant 2010 US$) | 10.45834 | 11.42481 | 8.785685 | 0.527262 | WDI, World Bank |
ln Texp | International tourism, expenditures (current US$) | 22.79954 | 25.38379 | 19.45742 | 1.277868 | WDI, World Bank |
ln trade | Trade openness (sum of imports and exports % of GDP) | 4.183221 | 4.652323 | 3.613829 | 0.224758 | WDI, World Bank |