Variables/Determinants | Abbreviation | Mean | Median | Min | Max | Std.Dev. | Skewness | Kurtosis |
Z-Score | Z | 10.1759 | 9.9870 | 6.2233 | 17.6844 | 2.4574 | 1.0598 | 1.5617 |
Gross Domestic Product Growth | GDP | 1.6195 | 1.9679 | −4.3408 | 6.9274 | 2.2745 | −0.6296 | 0.6979 |
Exchange rate | ER | 36.7923 | 39.8769 | 15.4880 | 65.7144 | 13.6725 | 0.1072 | −0.3384 |
Political stability index | PS | −1.0436 | −0.9747 | −2.0819 | −0.5725 | 0.3763 | −1.0018 | 0.5259 |
Regulatory quality index | RQ | −1.0184 | −1.0136 | −1.3937 | −0.7403 | 0.1618 | −0.5349 | −0.3058 |
Bank lending-deposit interest rate spread | BLIS | 15.1582 | 15.2687 | 7.3620 | 34.5615 | 6.8251 | 1.0229 | 0.8016 |
Investment freedom index | IF | 30.9091 | 30.0002 | 5.1918 | 41.6929 | 6.1450 | −1.4802 | 6.1740 |
Property rights index | PR | 10.1364 | 10.0000 | 9.5215 | 13.7212 | 0.6545 | 4.5348 | 20.4003 |