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

Future Business Journal

Table 9 Heteroskedasticity, normality, variance inflation factors.

Heteroskedasticity test—white
F-value	1.5431	Sig F(20,339)	0.0650
Obs*R-²	30.039	Sig. Chi-²(20)	0.0692

	Tolerance	VIF
Variance inflation factors
SMC	0.902	1.107
FDINI	0.971	1.029
GDPPG	0.988	1.011
STTR	0.979	1.020
CPI	0.925	1.080
Normality
Normality test-J–B test value (sig-value) 1.142 (0.564) Ho: Residuals are normal