Table 3 Summary statistics
From: Size, efficiency, market power, and economies of scale in the African banking sector
| Â | Mean | S.D | Minimum | Maximum | Observations | |
|---|---|---|---|---|---|---|
Translog cost function variables | Ln. Cost (C) | 2.748 | 1.325 | −1.468 | 5.667 | 1065 |
Ln. Output (Q) | 3.747 | 1.342 | −0.045 | 6.438 | 1091 | |
Deposit Price (W1) | 0.539 | 8.196 | 0.000 | 176.00 | 1031 | |
Labour Price (W2) | 0.022 | 0.016 | 0.000 | 0.201 | 961 | |
Capital Price (W3) | 1.733 | 3.884 | −0.074 | 72.750 | 1043 | |
Market variables | GDP per capita growth | 13.912 | 96.707 | −15.306 | 926.61 | 1782 |
Inflation | 10.239 | 22.695 | −9.823 | 325.00 | 1749 | |
Population density | 81.098 | 106.06 | 2.085 | 633.52 | 1782 | |
Bank level variables | Loan/Assets | 0.449 | 0.183 | 0.000 | 0.966 | 1092 |
Deposits/Assets | 0.664 | 0.198 | 0.000 | 1.154 | 1052 | |
Bank Branches | 6.112 | 6.158 | 0.383 | 37.209 | 1129 | |
Output Price (P) | 0.338 | 0.929 | 0.000 | 25.931 | 1045 | |
Other variables | Interest Rate Margin | 3.804 | 5.534 | −23.620 | 27.310 | 1257 |
Lerner Index | 0.513 | 0.587 | −13.787 | 0.969 | 894 | |
Bank Size | 0.264 | 0.334 | 0.000 | 1.000 | 1267 | |
Economies of Scale | 0.915 | 0.017 | 0.867 | 0.950 | 1091 | |