Figures & data
Table 1. Variables description and expected signs
Figure 2. Descriptive statistics summary of developing countries (GDP, DC, MOB, MON, CON, CAP and TRA) through box plot.
![Figure 2. Descriptive statistics summary of developing countries (GDP, DC, MOB, MON, CON, CAP and TRA) through box plot.](/cms/asset/44438e91-d4fb-48a6-8101-51aff7a38980/oaef_a_2170000_f0002_oc.jpg)
Figure 3. Descriptive statistics summary of developed countries (GDP, DC, MOB, MON, CON, CAP and TRA) through box plot.
![Figure 3. Descriptive statistics summary of developed countries (GDP, DC, MOB, MON, CON, CAP and TRA) through box plot.](/cms/asset/712f7770-2573-403b-acd4-137d63bdba84/oaef_a_2170000_f0003_oc.jpg)
Table 2. Hausman test for model selection
Table 3. Results random effect model
Table 4. Results of fixed effect model