Skip to main content
Future Business Journal

Table 2 Correlation matrix

From: Is population an asset or a liability to Nigeria’s economic growth? Evidence from FM-OLS and ARDL approach to cointegration

 

gdpg

gdppcg

popg

gfcf

topen

gcon

gdpg

1

     

gdppcg

0.999

1

    

popg

0.040

0.027

1

   

gfcf

− 0.649

− 0.646

− 0.230

1

  

topen

0.500

0.502

− 0.147

− 0.539

1

 

gcon

0.277

0.268

0.709

− 0.661

0.224

1

  1. gdpg growth rate of GDP, gdppcg growth rate of GDP per capita, popg population growth, gfcf investment to GDP, tope trade to GDP, gcon government consumption to GDP
Back to article page