The following variables are from Beck, Demirguc-Kunt and Levine (1999). They are averages over the period 1980-95, unless otherwise noted
Imputation and derivation
Derivation
Index of financial structure. It is the average of the deviations from the mean for the inverse of Dbmcap, the inverse of Dbtvt and Tvtover. Higher values indicate a more market-based financial system.