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Table 2 Correlation matrix.

From: The stock market capitalisation and financial growth nexus: an empirical study of western European countries

  CPI DCF FDINI GDPPG SMC STTR
CPI
 Coefficient 1.000      
 t-test      
 Sig      
DCF
 Coefficient  − 0.215 1.000     
 t-test  − 4.170     
 Sig 0.000     
FDINI
 Coefficient  − 0.085 0.171 1.000    
 t-test  − 1.619 3.289    
 Sig 0.106 0.001    
GDPPG
 Coefficient 0.027  − 0.142  − 0.035 1.000   
 t-test 0.511  − 2.720  − 0.674   
 Sig 0.609 0.006 0.500   
SMC
 Coefficient  − 0.244 0.352 0.154 0.076 1.000  
 t-test  − 4.774 7.129 2.958 1.448  
 Sig 0.000 0.000 0.003 0.148  
STTR
 Coefficient  − 0.078 0.116  − 0.014 0.025  − 0.089 1.000
 t-test  − 1.486 2.225  − 0.282 0.483  − 1.705
 Sig 0.137 0.026 0.777 0.6292 0.088