Table 1

Descriptive statistics

D1LNERVLNGDPLNREERLNXTLNY
Mean0.133333−1.3452308.8716764.03062622.271818.747411
Median0.000000−1.4730398.8937812.52713122.289218.844544
Maximum1.0000001.5348359.3017298.05960422.634599.362500
Minimum0.000000−2.2289548.3657681.95909221.768717.997594
Std. Dev0.3457460.8335410.2945772.0926520.2448820.456499
Skewness2.1572771.593189−0.1789230.628629−0.395778−0.190435
Kurtosis5.6538465.9107851.7347381.7575042.1968251.451605
Jarque-Bera32.0728623.282092.1611753.9056211.5895633.178235
Probability0.0000000.0000090.3393960.1418750.4516800.204106
Sum4.000000−40.35691266.1503120.9188668.1542262.4223
Sum Sq. Dev3.46666720.148922.516484126.99651.7390426.043356
Observations30303030  

Source(s): Authors’ computation

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