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Table 2 Descriptive statistics for growth rate of variables

From: Reaction of stock market returns to COVID-19 pandemic and lockdown policy: evidence from Nigerian firms stock returns

Variables

Obs

Mean

Std.Dev

Min

Max

p1

p99

Skew

Kurt

stockmr

21,708

−0.022

7.237

−110.137

41.622

-26.839

8.168

−8.846

90.567

ncovidtcr

21,708

9.853

17.971

0.000

132.176

0.000

98.083

4.477

26.637

ncovidtdr

18,291

7.435

13.914

0.000

91.629

0.000

91.629

3.937

20.489

wcovidtcr

21,708

4.908

5.245

1.296

33.153

1.382

28.671

2.999

13.924

wcovidtdr

21,708

5.040

6.649

0.676

39.091

0.687

35.123

2.963

13.218

stigindr

21,708

1.678

10.127

−11.546

82.926

−6.127

46.009

6.068

43.508

Exrr

21,708

0.053

0.960

−4.642

4.617

−3.204

4.003

0.177

15.149

  1. stockmr, ncovidtcr, ncovidtdr, wcovidtcr, wcovidtdr, stigindr and exrr are stock market returns of firms, growth rate of number of the COVID-19 confirmed cases in Nigeria, growth rate of number of COVID-19 confirmed deaths in Nigeria, growth rate of number of the COVID-19 confirmed cases in the World, growth rate of number of COVID-19 confirmed deaths in the World. Growth rate of stringency index (proxy for lockdown) and growth rate of exchange rate, respectively