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Table 9 Summary Statistics

From: The comparative African regional economics of globalization in financial allocation efficiency: the pre-crisis era revisited

  Mean S.D Min. Max Obs. Mean S.D Min. Max Obs.
  UEMOA CEMAC
Banking System Efficiency 1.248 0.604 0.338 3.698 145 0.806 0.298 0.188 1.601 57
Financial System Efficiency 117.52 48.413 41.300 234.39 125 79.493 27.865 22.20 160.70 53
Imports 33.055 6.929 17.836 51.780 138 35.685 15.507 14.639 74.219 56
Exports 24.823 9.984 13.319 52.650 138 49.452 22.803 16.179 86.884 56
Trade Globalisation 59.015 13.678 32.781 95.007 142 86.026 36.722 31.745 156.861 57
Foreign Investment 1.018 1.421 −2.496 7.246 136 2.609 7.225 −8.629 34.507 47
Private Capital Flows 0.975 1.545 −2.517 8.849 135 2.665 7.065 −8.918 34.488 47
Financial Globalisation −0.001 1.380 −2.929 6.701 135 0.000 1.412 −2.259 6.306 47
Globalisation 0.062 1.009 −1.973 4.032 135 −0.014 1.175 −1.285 3.762 47
Economic Growth 2.583 4.264 −16.825 12.100 145 2.203 3.549 −8.932 7.700 57
Inflation 4.571 7.486 −7.796 38.530 130 4.121 9.144 −11.686 42.439 55
Public Investment 6.758 3.093 1.853 20.358 123 4.733 2.902 0.759 13.716 57
Foreign Aid 11.361 5.645 0.557 28.823 145 4.449 4.591 −0.174 23.418 57
  COMESA EAC
Banking System Efficiency 0.711 0.283 0.275 1.876 287 0.588 0.185 0.206 1.075 57
Financial System Efficiency 76.392 33.572 30.532 200.079 276 62.121 18.783 22.767 111.830 57
Imports 37.540 21.921 7.066 114.046 288 29.340 6.486 19.098 47.707 55
Exports 27.569 21.778 3.335 104.213 288 18.508 7.441 7.062 38.903 55
Trade Globalisation 64.424 42.170 11.087 202.849 290 48.225 13.260 26.609 72.858 57
Foreign Investment 1.429 2.222 −4.302 9.708 260 2.016 1.827 0.000 6.470 55
Private Capital Flows 1.415 2.271 −4.322 9.611 264 1.971 1.893 −0.253 6.688 55
Financial Globalisation 0.006 1.410 −3.610 5.186 260 0.000 1.413 −1.539 3.484 55
Globalisation 0.012 1.134 −1.498 4.366 260 −0.024 1.113 −1.903 2.876 55
Economic Growth 3.790 5.780 −50.248 35.224 286 4.974 2.732 −0.799 11.523 57
Inflation 21.859 32.028 −2.405 200.026 280 13.023 10.753 −0.287 45.978 57
Public Investment 6.999 3.410 0.000 17.451 268 5.559 1.851 2.492 10.452 57
Foreign Aid 12.015 10.534 −0.251 94.442 290 12.294 6.280 2.407 28.992 57
  1. UEMOA: West African Economic and Monetary Union. CEMAC: Central African Economic and Monetary Community. COMESA: Common Markets for Eastern and Southern Africa. EAC: East African Community. S.D: Standard Deviation. Min: Minimum. Max: Maximum. Obs: Observations