*4.1. Descriptive Analysis of the Variables*

Table 1 presents the mean and standard deviation of the set of data used at the country level, which was used to assess the relative efficiency of electricity generation.


**Table 1.** Mean and standard deviation at the country level.

Source: Own elaboration. Labels: AR: Argentina, BO: Bolivia, BR: Brazil, CH: Chile, CO: Colombia, CR: Costa Rica, CU: Cuba, DR: Dominican Rep., EC: Ecuador, ES: El Salvador, GU: Guatemala, HA: Haiti, HO: Honduras, JA: Jamaica, MX: Mexico, NI: Nicaragua, PN: Panama, PY: Paraguay, PE: Peru, TT: Trinidad and Tobago, UR: Uruguay, VE: Venezuela, GY: Guyana, SU: Suriname. Inst. Cap.: installed capacity.
