Table 1 Summary statistics Variables...

Table 1

Summary statistics

Variables	Obs.	Mean	Std. dev.	Min.	Max.
Bank lending variable
Bank credit/GDP $(L)$	161	0.20	0.18	0.01	0.99
Bank regulatory and supervisory indices^a
Entry barrier $(R_{E B})$	161	0.56	0.08	0.38	0.75
Mixing of banking and commerce restriction $(R_{B C})$	161	0.63	0.11	0.33	0.89
Activity restriction $(R_{A R})$	161	0.66	0.12	0.42	1.00
Capital regulation $(R_{C R})$	161	0.66	0.16	0.30	1.00
Supervisory power $(S)$	161	0.71	0.17	0.29	1.00
Macroeconomic variables
Real GDP^b (in log form) $(Y)$	161	24.04	1.40	21.24	27.65
Inflation (log of consumer price index) $(π)$	161	4.43	0.81	−1.53	5.98
Current account (balance)/GDP $(C)$	161	−0.04	0.07	−0.25	0.19

Variables	Obs.	Mean	Std. dev.	Min.	Max.
Bank lending variable
Bank credit/GDP $(L)$	161	0.20	0.18	0.01	0.99
Bank regulatory and supervisory indices^a
Entry barrier $(R_{E B})$	161	0.56	0.08	0.38	0.75
Mixing of banking and commerce restriction $(R_{B C})$	161	0.63	0.11	0.33	0.89
Activity restriction $(R_{A R})$	161	0.66	0.12	0.42	1.00
Capital regulation $(R_{C R})$	161	0.66	0.16	0.30	1.00
Supervisory power $(S)$	161	0.71	0.17	0.29	1.00
Macroeconomic variables
Real GDP^b (in log form) $(Y)$	161	24.04	1.40	21.24	27.65
Inflation (log of consumer price index) $(π)$	161	4.43	0.81	−1.53	5.98
Current account (balance)/GDP $(C)$	161	−0.04	0.07	−0.25	0.19

Note(s): The sample comprises 23 selected SSA countries using averaged data over 3-year non-overlapping periods from 1997 to 2017; ^anormalized to one; ^bin purchasing power parity (2011 international dollar); Obs. is observations; Std. dev. is standard deviation; Min. is minimum; Max. is maximum

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