Financial sector development and Investment in selected countries of the Economic Community of West African States: empirical evidence using heterogeneous panel data method

Financial Innovation

Table 2 Summary statistics of the variables

Variables	Mean	Minimum	Maximum	Standard Deviation	Observations
I	4.8085	− 0.1717	6.2389	0.9417	231
DC	14.8534	1.6039	41.3981	8.1287	231
BE	87.2221	20.9600	188.5900	33.4607	231
BM	15.3219	−18.0029	88.4006	17.2773	231
GDP	6.5449	5.6125	7.8489	0.5205	231
REM	3.6285	0.0035	10.6972	2.7201	231