Asymmetric threshold effects of digitization on inflation in emerging markets

Financial Innovation

Table 4 Descriptive statistic – full sample

Variable	Obs.	Mean	Std. Dev.	Min.	Max.
inf	1,841	0.044	0.070	− 0.323	0.561
outgap	1,838	0.000	0.045	− 0.963	0.810
unemp	1,394	8.847	6.452	0.140	47.500
exch	1,466	0.020	0.097	− 0.325	1.460
fdi	1,804	0.072	0.220	− 0.583	4.516
oil	1,464	1.125	0.503	0.000	2.540
digindex	1,020	46.676	17.197	6.708	81.530
infra	1,020	37.734	18.007	2.581	93.614
conn	1,020	57.037	22.318	5.589	95.723
dighou	1,020	40.353	21.109	6.031	91.444
digprod	1,020	58.155	29.694	1.451	100.000
comp	1,020	66.058	18.323	5.727	96.759
eco	1,020	18.325	10.093	3.172	55.784
fp	1,020	37.027	20.718	4.456	83.622
instr	1,020	55.428	18.279	1.007	88.491
EMs sample
inf	1,310	0.054	0.080	− 0.323	0.561
outgap	1,307	0.000	0.049	− 0.963	0.810
unemp	866	9.691	7.372	0.140	47.500
exch	1,195	0.024	0.101	− 0.325	1.460
fdi	1,296	0.049	0.058	− 0.180	0.578
oil	1,009	0.943	0.451	0.000	2.540
digindex	540	35.656	12.360	6.708	64.101
infra	540	29.283	14.831	2.581	78.414
conn	540	47.225	21.162	5.589	95.723
dighou	540	28.590	14.696	6.031	68.445
digprod	540	37.605	19.392	1.451	76.968
comp	540	59.840	19.764	5.727	95.724
eco	540	13.130	5.829	3.172	37.179
fp	540	22.776	11.305	4.456	52.444
instr	540	46.756	17.669	1.007	82.165