Table A1. Summary Statistics for Data Used for Econometric Results on Institutional Gaps and Income Gaps (Figures 4 and 7) Samplea Variable No. observations Mean Standard deviation Minimum Maximum Group 1 ICRG variablesb Log (country’s GDP per capita/USA GDP 414 923 –0.4069638 –1.715673 0.558766 0.579324 –1.75361 –3.65967 0.6972296 –0.3095284 per capita) Group 2 ICRG variablesb Log (country’s GDP per capita/USA GDP 162 378 –0.1312372 –1.328616 0.4356544 0.3673385 –1.00386 –2.19757 0.6972296 –0.3095284 per capita, PPP adjusted)
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