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Table 1 Descriptive statistics: mean of the economic variables

From: Does the commodities boom support the export led growth hypothesis? Evidence from Latin American countries

Variable LAC countries Non-LAC countries All countries
1990–1999 2000–2010 1990–1999 2000–2010 1990–2010
GDP per capita real growth 2.07 % 2.56 % 2.19 % 2.72 % 2.45 %
Capital formation annual growth 8.13 % 6.01 % 4.91 % 5.59 % 5.62 %
Trade partner annual growth 2.09 % 8.88 % 2.74 % 8.51 % 5.71 %
Exports annual growth 7.42 % 4.81 % 7.44 % 6.58 % 6.87 %
Agricultural raw materials exports (% of merchandise exports) 4.70 % 3.03 % 5.09 % 4.61 % 4.71 %
Fuel exports (% of merchandise exports) 17.19 % 21.99 % 9.92 % 13.08 % 12.89 %
Food exports (% of merchandise exports) 30.36 % 23.97 % 18.49 % 14.48 % 18.11 %
Ores and metals exports (% of merchandise exports) 11.92 % 12.48 % 5.00 % 6.06 % 6.63 %
Manufactured exports (% of merchandise exports) 33.89 % 37.85 % 59.75 % 59.01 % 55.53 %