Table 2 Definition and descriptive statistics of control variables
Variable | Variable definition | Maximum value | Minimum value | Mean | standard deviation |
|---|---|---|---|---|---|
SIZE | Regional resident population (10,000 people) | 2428.1 | 72.0 | 528.3 | 369.0 |
GDP | GDP per capita (yuan) | 180,000.0 | 5515.0 | 57,950.5 | 35,919.3 |
UR | Proportion of urban population (%) | 89.6 | 29.0 | 58.1 | 12.8 |
GFC | Local budgetary expenditure/GDP (%) | 35.7 | 5.7 | 15.4 | 6.2 |
GFS | Local budgetary revenue/expenditure (%) | 116.7 | 19.4 | 64.5 | 23.7 |