Monetary policy transmission channels and the performance of the real sectors in selected sub-Saharan African countries: a system-GMM approach

Future Business Journal

Table 4 Descriptive statistics of the selected sub-Saharan African countries.

Variables²	Mean	SD	CV	Min	Max
LnACGDP	1.349	0.368	3.666	0.040	1.788
LnMCGDP	0.925	0.289	3.201	−0.959	1.381
LnCPS	1.066	0.392	2.719	−0.180	2.181
LnINTR	1.108	0.320	3.463	0.653	2.314
LnEXR	2.195	1.231	1.783	−6.733	4.864
LnTOPN	1.795	0.188	9.548	1.025	2.468
LnINV	1.074	0.282	3.809	0.100	2.047
LnINF	0.807	0.591	1.365	−1.000	3.943

²lnACGDP = log of agricultural sector contribution to GDP, lnMCGDP = log of manufacturing sector contribution to GDP, lnCPS = log of domestic Credit to the private sector as a percentage of gross domestic product, lnINTR = log of nominal interest rate, lnEXR = log of exchange rate, lnTOPN = log of trade openness, lnINF = log of inflation rate, lnGOVGDP = log of government consumption as a percentage of GDP, lnPOP = log of total population, SD = standard deviation and CV = coefficient of Variation