Research Article
Does Diversification Affect Banking Systemic Risk?
Table 1
Descriptive statistics, ADF, and PP tests.
| | | | | | |
| | Mean | 0.2033 | 0.2481 | 9.1082 | 12.1065 | | Max. | 0.3387 | 0.3494 | 15.8531 | 21.7681 | | Min. | 0.1712 | 0.1920 | 2.2956 | 2.7469 | | Std. Dev. | 0.0261 | 0.0254 | 3.0371 | 4.4227 | | ADF-statistic | −3.9769 (0.0025) | −3.5122 (0.0105) | −4.9869 (0.0001) | −5.3665 (−0.0000) | | PP-statistic | −5.7817 (0.0000) | −4.9423 (0.0001) | −5.1851 (0.0000) | −5.5970 (−0.0000) |
|
|
Notes: the numbers in parentheses refer to the values.
|
