The Impacts of Crude Oil Market Structure on Stock Market Growth: Evidence from Asian Countries

Table 1

Descriptive statistics of the variables in the model.

Variables	Observations	Mean	Standard deviation	Min	Max	10^th	25^th	50^th	75^th	90^th
Stock market
Stock	190	0.017	0.291	−0.984	0.812	−0.321	−0.085	0.017	0.174	0.386
Oil market structure
Between	190	47.096	73.880	0.000	325.601	0.000	0.143	12.958	62.626	153.567
In_degree	190	8.247	6.844	0	22	1	2	6	15	18
Out_degree	190	6.968	4.720	0	24	1	3	7	10	13
Control variables
Inv	190	0.253	0.103	0.000	0.480	0.127	0.213	0.264	0.305	0.365
l	190	0.486	0.104	0.249	0.755	0.380	0.412	0.485	0.553	0.589
Open	190	0.972	0.769	0.000	4.416	0.363	0.503	0.764	1.266	1.636

Source: results calculated from the software STATA 16.0.