Table 3 Descriptive statistics of the variables.
Variable type | Variable name | Sample size | Mean | Standard deviation | Minimum value | Maximum value |
|---|---|---|---|---|---|---|
Dependent variables | Cp | 1,110 | 0.200 | 0.139 | 0.037 | 0.874 |
Independent variables | Ec | 1,110 | 0.124 | 0.136 | 0.001 | 0.898 |
Control variables | Is | 1,110 | 0.383 | 0.104 | 0.114 | 0.687 |
Gov | 1,110 | 0.174 | 0.107 | 0.043 | 0.916 | |
Infor | 1,110 | 0.880 | 1.058 | 0.064 | 16.668 | |
Tco | 1,110 | 0.964 | 0.825 | 0.004 | 3.662 | |
Hp | 1,110 | 1.639 | 3.368 | 0.001 | 34.036 |