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Table 11 Descriptive for the variables used in the panel autoregressive distributed lag

From: Analysis of long-term prices of micronutrient-dense and starchy staple foods in developing countries

Variable

Upper-middle-income countries (n = 1728)

Lower-middle-income countries (n = 1713)

Low-income countries (n = 1151)

All developing countries (n = 4592)

P value

Average relative prices

1.123 (0.306)

1.058 (0.400)

1.062 (0.295)

1.083 (0.343)

0.000

Average GDP per-capita PPP (dollars)

13,584 (7398)

6339 (3177)

4350 (4592)

8567 (6739)

0.000

Average interest rates

15.428 (5.198)

13.871 (5.936)

18.181 (7.964)

15.537 (6.480)

0.000

  1. The figures in the brackets are standard deviations