Table 9 Summary statistics

From: Policy Uncertainty, Trade and Global Value Chains: Some Facts, Many Questions

No. Indicator Obs. Mean Std. Dev. Min Max
1 Economic policy uncertainty (EPU) index (log) 407 4.7 0.4 3.6 6.3
2 Trade uncertainty index (log) 458 0.1 0.4 0.0 3.0
3 Growth (%) in real GDP 407 2.8 3.2 − 9.6 22.4
4 Change (%) in real effective exchange rate (REER) 407 − 0.3 5.6 − 40.8 19.5
5 Change (%) in the ratio of import price deflator to GDP deflator 373 − 0.8 12.0 − 55.9 29.5
6 Change (%) in tariff rate 407 − 1.9 8.3 − 37.4 65.0
7 Growth (%) in goods and services import volume (IMF) 407 5.4 7.6 − 27.0 29.7
8 Growth (%) in goods import volume (IMF) 407 5.1 8.1 − 27.0 32.8
9 Growth (%) in goods import volume (WTO) 407 4.0 8.1 − 24.3 32.3
10 Growth (%) in imports of capital goods (excl. transport equipment) 406 2.7 12.0 − 46.2 38.4
11 Growth (%) in imports of capital goods (transport equipment) 406 4.2 20.4 − 84.4 75.1
12 Growth (%) in imports of durable consumer goods 406 1.4 15.2 − 70.6 61.4
13 Growth (%) in imports of non-durable consumer goods 406 3.6 9.3 − 30.4 45.3
14 Growth (%) in intermediate imports of goods and services embodied in exports 277 6.1 11.8 − 35.4 47.4
15 Growth (%) in GVC-related imports, percent 451 2.4 12.1 − 51.6 78.7
  1. See Table 1 for sources. The regression samples are mildly unbalanced due to data limitations for several countries. The results are robust to restricting the regressions to years with data for all countries. Growth/percent change indicators are computed as log differences × 100