Does Infrastructure Improve Residents’ Consumption? Evidence from China’s New-Generation Infrastructure

Table 1

Descriptive statistics.

Variable	N	Mean	SD	Min	Max
Expenditure	540	9.5355	0.5080	8.5001	10.7367
Upgrade	540	0.3823	0.0435	0.2907	0.4933
Narrow	540	5.2821	1.0476	1.2304	7.5996
Broad	540	7.6497	1.1542	3.6945	10.0188
Industry	540	2.3070	0.1526	1.8207	2.8357
URB	540	53.4753	14.3338	24.77	89.6
PGDP	540	4.0767	2.8455	0.3603	16.4889
FDI	540	0.0503	0.0988	0	1
Market	540	0.2054	0.2107	0	1
GOV	540	0.0995	0.0710	0	1