Table 1 Summary statistics of variables used in the gravity equation
From: The impact of pest risk management measures on trade: the case of apples from France and Chile
Variable | Obs | Mean | Std. dev. | Min | Max |
|---|---|---|---|---|---|
Xijt | 1270 | 9507 | 22,431 | 0 | 188,447 |
GDPit | 1270 | 1.72E+12 | 1.24E+12 | 1.24E+12 | 2.92E+12 |
GDPjt | 1270 | 8.38E+11 | 2.14E+12 | 7.09E+8 | 1.74E+13 |
Tariffijt | 1270 | 13.5 | 15.4 | 0 | 60.3 |
Tariff_Appliedijt | 1270 | 10.3 | 15.6 | 0 | 60.3 |
Borderij | 1270 | 0.06 | 0.23 | 0 | 1 |
Distanceij | 1270 | 7194 | 4,912 | 473.7 | 18,884 |
PSij | 1270 | 1.25 | 0.34 | 1 | 2.7 |