Descriptive statistics
| Variables | Mean | Median | Std. dev. | Jarque-Bera | Probability |
|---|---|---|---|---|---|
| GDP | 2.223257 | 2.140356 | 1.821214 | 6.926743 | 0.031324* |
| CPI | 0.923021 | 0.804566 | 0.861817 | 167.2815 | 0.000000** |
| REER | 1.995036 | 1.998050 | 0.045740 | 2.432340 | 0.296363 |
| CPNF | 2.705195 | 2.316207 | 2.002926 | 6.335489 | 0.042098* |
| R | 1.062423 | 1.930627 | 11.78483 | 56.67622 | 0.000000** |
| HPI | 0.776934 | 0.482397 | 1.906881 | 41.42043 | 0.000000** |
| Gross inflows | 2.487937 | 2.850110 | 4.389193 | 366.3460 | 0.000000** |
| FDI | 0.874772 | 0.740759 | 0.611999 | 36.40260 | 0.000000** |
| FPI | 1.439168 | 1.313531 | 2.409055 | 14.48919 | 0.000714** |
| OFI | 0.173996 | 0.356178 | 3.522029 | 132.0295 | 0.000000** |
| Variables | Mean | Median | Std. dev. | Jarque-Bera | Probability |
|---|---|---|---|---|---|
| GDP | 2.223257 | 2.140356 | 1.821214 | 6.926743 | 0.031324 |
| CPI | 0.923021 | 0.804566 | 0.861817 | 167.2815 | 0.000000 |
| REER | 1.995036 | 1.998050 | 0.045740 | 2.432340 | 0.296363 |
| CPNF | 2.705195 | 2.316207 | 2.002926 | 6.335489 | 0.042098 |
| R | 1.062423 | 1.930627 | 11.78483 | 56.67622 | 0.000000 |
| HPI | 0.776934 | 0.482397 | 1.906881 | 41.42043 | 0.000000 |
| Gross inflows | 2.487937 | 2.850110 | 4.389193 | 366.3460 | 0.000000 |
| FDI | 0.874772 | 0.740759 | 0.611999 | 36.40260 | 0.000000 |
| FPI | 1.439168 | 1.313531 | 2.409055 | 14.48919 | 0.000714 |
| OFI | 0.173996 | 0.356178 | 3.522029 | 132.0295 | 0.000000 |
Note:
The asterisks
*and
**denote the statistical significance of Jarque-Bera statistics at levels of 5% and 1%, respectively