Does microfinance program innovation reduce income inequality? Cross-country and panel data analysis

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 1 Summary statistics

		GINI		GLF		GDP		DCP		TRADE		No. of MFIs
		2006	2013	2006	2013	2006	2013	2006	2013	2006	2013	2006	2013
MENA	Mean	37	35.7	2.8	13.7	1841	2270	61.7	59	93.4	83	9	3
MENA	Median	39	35.7	2.2	18	1948	2432	51	71	70	84	10	8
SA	Mean	35	32	2	6	478	569	30	39	39.6	43	37	33
SA	Median	33	32	0.9	4	421	568	28.6	48	39.6	41	28	34
SSA	Mean	54	43	2.4	4.7	449.5	500	12.7	16	59	62	9	11
SSA	Median	55	43	1	2.5	375	405	11	17	61.4	62	8	9
EAP	Mean	38.7	38	3.5	19	1019	1479	46	61	88.7	84	36	44.7
EAP	Median	39.5	37.7	2.7	5.5	970.5	1258	34	41	75	61	23.5	32.5
LAC	Mean	54	51.8	12	57	3619	4099	31	38	68.5	75	14.75	24
LAC	Median	55	51.6	7.8	43	3203	3930	23	36	59	69	13	21
ECA	Mean	35	34	15	72	2549	3280	22	37	92	95	13.5	12.6
ECA	Median	35	34	13.7	84	2810	343	21.7	38	96	88	8.5	11

MENA Middle East and North Africa, SA South Asia, SSA Sub-Saharan Africa; EAP East Asia and Pacific, LAC Latin America and Caribbean, ECA Europe and Central Asia
Source:Authors’ compilations from WDI and MIX databases