Financial Development and Structure 1960-2010

Aruba, Afghanistan, Angola...and 192 more, 1960 - 2010

Reference ID

WLD_1960-2010_FDS_v02_M

DOI

https://doi.org/10.48529/7dk1-kn47

Producer(s)

Thorsten Beck and Asli Demirguc-Kunt (World Bank), Ross Eric Levine (Carlson School of Management, University of Minnesota)

Collection(s)

Development Research Microdata Fragility, Conflict and Violence

Metadata

Documentation in PDF DDI/XML JSON

Study website

Created on

Apr 01, 2011

Last modified

Oct 26, 2023

Page views

128479

Downloads

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STOCK MARKET TURNOVER RATIO (stturnover)

Data file: FinStructure_2008_v4

Overview

Valid: 2055

Invalid: 8236

Minimum: 0.0001

Maximum: 16.781

Mean: 0.427

Standard deviation: 0.741

Type: Continuous

Decimal: 0

Start: 493

End: 512

Width: 20

Range: 0.000100099998235237 - 16.7806205749512

Format: Numeric

Description

Universe

1960-2007

Source of information

Standard and Poor's Emerging Market Database (and Emerging Stock Markets Factbook). End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF’s International Financial Statistics, October 2008

Imputation and derivation

Derivation

Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI P_a is average annual CPI

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