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Table 3 Descriptive analysis

From: An empirical analysis of African trade blocs effects on the global economy: new evidence from the gravity model

Statistics

Mean

Median

Maximum

Minimum

Std-dev

Jacque-Bera

Prob

Observation

COMESA

44,910.21

25,166.91

112,283.5

14,982.43

33,006.19

6.02

0.04

39

EAC

6103.04

3219.18

18,542.2

1668.04

5304.6

7.3

0.02

39

ECCAS

37,547.2

139,444.4

117,218.4

5802.1

36,588.1

6.11

0.04

39

ECOWAS

52,396.11

26,449.36

155,415.1

6853.72

45,778.63

6.8

0.03

39

REC GDP

6.43E + 11

4.00E + 11

1.49E + 12

1.80E + 11

4.75E + 11

5.83E + 00

5.00E–02

39

Trading partner GDP

3.75E + 13

3.06E + 13

7.82E + 13

9.95E + 12

2.21E + 13

3.56E + 00

1.60E–01

39

SACU

73,693.64

73,448.03

123,029.1

24,421.47

33,480.23

– 0.11

0.39

39

SADC

42,307.43

27,946.8

128,950.1

1943.96

44,890.7

4.89

0.09

39

Tariff

141.04

143.42

295.11

1.29

79.8

0.38

0.83

39

AFRIEXP

8,308,073

5,663,375

19,321,110

1,727,834

6,168,571

4.66

0.09

39