Variable Description and Descriptive Statistics [4]
| Description | Source | Variables | Mean | Median | SD | Skewness | Kurtosis [5] | JB[6] |
|---|---|---|---|---|---|---|---|---|
| Forest conversion | FAO | logf1 | 8.575 | 8.965 | 1.992 | .796 | 3.056 | 0.000 |
| Agricultural area (share of total land) | agri area | 2.706 | .912 | 4.595 | 2.293 | 7.124 | 0.000 | |
| Financial outreach | ||||||||
| No. ATMs per 100,000 adults | FAS | atm 1000 | 3.325 | .793 | 16.589 | 12.507 | 165.192 | 0.000 |
| No. ATMs per 1000 km2 | atm 100000 | 8.22 | 4.009 | 13.725 | 3.006 | 12.188 | 0.000 | |
| No. commercial banks per 1000 km2 | bank 1000 | 1.673 | .485 | 3.450 | 4.758 | 33.827 | 0.000 | |
| No. commercial banks per 100,000 adults | bank 100000 | 3.829 | 2.715 | 4.180 | 4.694 | 42.994 | 0.000 | |
| Financial usage | ||||||||
| No. deposit accounts with commercial banks per 1,000 adults | deposit | 310.864 | 169.327 | 399.728 | 2.466 | 9.606 | 0.000 | |
| No. depositors with commercial banks per 1,000 | depositor | 220.624 | 150.326 | 249.730 | 2.525 | 11.698 | 0.000 | |
| Credit provided to the private sector by banks per GDP | credit | 14.941 | 12.304 | 11.611 | 2.419 | 11.124 | 0.000 | |
| GDP per capita (log, constant 2015 US$) | WDI | loggdp2 | 7.022 | 6.752 | 0.972 | .856 | 2.818 | 0.000 |
| Forest rents (share of GDP) | frent | 6.71 | 5.439 | 5.880 | 1.711 | 6.428 | 0.000 | |
| Trade openness (sum export and import as share of GDP) | trade | 71.454 | 69.386 | 29.969 | .725 | 3.089 | 0.000 | |
| Population growth (annual, %) | pop growth | 2.689 | 2.729 | 0.808 | .566 | 4.96 | 0.000 | |
| Description | Source | Variables | Mean | Median | Skewness | Kurtosis | ||
|---|---|---|---|---|---|---|---|---|
| Forest conversion | logf1 | 8.575 | 8.965 | 1.992 | | 3.056 | 0.000 | |
| Agricultural area (share of total land) | agri area | 2.706 | .912 | 4.595 | 2.293 | 7.124 | 0.000 | |
| Financial outreach | ||||||||
| No. ATMs per 100,000 adults | atm 1000 | 3.325 | .793 | 16.589 | 12.507 | 165.192 | 0.000 | |
| No. ATMs per 1000 km2 | atm 100000 | 8.22 | 4.009 | 13.725 | 3.006 | 12.188 | 0.000 | |
| No. commercial banks per 1000 km2 | bank 1000 | 1.673 | .485 | 3.450 | 4.758 | 33.827 | 0.000 | |
| No. commercial banks per 100,000 adults | bank 100000 | 3.829 | 2.715 | 4.180 | 4.694 | 42.994 | 0.000 | |
| Financial usage | ||||||||
| No. deposit accounts with commercial banks per 1,000 adults | deposit | 310.864 | 169.327 | 399.728 | 2.466 | 9.606 | 0.000 | |
| No. depositors with commercial banks per 1,000 | depositor | 220.624 | 150.326 | 249.730 | 2.525 | 11.698 | 0.000 | |
| Credit provided to the private sector by banks per | credit | 14.941 | 12.304 | 11.611 | 2.419 | 11.124 | 0.000 | |
| loggdp2 | 7.022 | 6.752 | 0.972 | .856 | 2.818 | 0.000 | ||
| Forest rents (share of | frent | 6.71 | 5.439 | 5.880 | 1.711 | 6.428 | 0.000 | |
| Trade openness (sum export and import as share of | trade | 71.454 | 69.386 | 29.969 | .725 | 3.089 | 0.000 | |
| Population growth (annual, %) | pop growth | 2.689 | 2.729 | 0.808 | | 4.96 | 0.000 | |
The tests of means, covariances, and correlations with multivariate normality assumption conducted, Doornik-Hansen Chi-square statistics are significant at 1%
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