Table 1 Descriptive statistics.

From: Investments in the Asian water sector: an analysis based on the DCC-GARCH model

Variables

Obs

Mean

Std. Dev.

Min

Max

China

3412

0.008

2.404

−19.398

9.479

Hong Kong

3412

0.061

2.195

−12.483

18.355

Japan

3412

−0.010

4.161

−58.746

92.989

Philippines

3412

0.042

1.902

−16.705

14.107

Singapore

3412

0.007

2.207

−28.207

17.156

  1. This table reports the descriptive statistics for water indices in five Asian markets: China, Hong Kong, Japan, the Philippines and Singapore. Data are obtained from the Thomson Reuters DataStream database. The daily returns of Asian water indices are transformed to the form of Rt = ln (Pricet/Pricet−1) × 100. The prices of these indices are calculated based on US dollars.
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