A Study of Fiscal Expenditure Structure and Green Economic Growth Effects: A Sample from Asian Economies

Table 1

Variable definition and descriptive statistical analysis.

Variable name	Variable definition	Mean value	Standard deviation	Crest value	Least value	Number of observations
edp	Green economy growth rate	0.108	0.095	0.415	-0.511	408
gdp	Economic growth rate	0.117	0.050	0.325	-0.047	408
Expdec	Fiscal expenditure	0.988	0.615	3.621	0.359	408
FDI	Foreign direct investment	0.026	0.022	0.146	0.001	408
k	Growth rate per capita fixed capital	0.155	0.053	0.391	-0.047	408
En	Resource endowment	4.846	3.731	25.485	0.695	408