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Table 10 Correlation Analysis (Uniform sample size: 291)

From: At what levels of financial development does information sharing matter?

Financial Development Dynamics

   
    

Info. Asymmetry

Other variables

 

Financial Depth

Financial Efficiency

Financial Activity

Fin. Size

       

M2

Fdgdp

BcBd

FcFd

Prcb

Pcrbof

Dbacba

PCR

PCB

GDPg

Inflation

PubIvt

NODA

Trade

 

1.000

0.970

0.094

0.103

0.821

0.629

0.398

0.416

0.147

−0.104

−0.080

0.055

−0.295

0.140

M2

 

1.000

0.130

0.220

0.886

0.754

0.452

0.409

0.303

−0.091

−0.063

0.070

−0.320

0.149

Fdgdp

  

1.000

0.859

0.490

0.495

0.243

0.154

0.303

−0.016

−0.144

−0.169

−0.133

−0.176

Bcbd

   

1.000

0.583

0.743

0.242

0.067

0.510

−0.056

−0.097

−0.149

−0.179

−0.189

FcFd

    

1.000

0.922

0.478

0.448

0.439

−0.092

−0.089

−0.055

−0.343

0.093

Pcrb

     

1.000

0.413

0.293

0.556

−0.088

−0.073

−0.057

−0.324

0.019

Pcrbof

      

1.000

0.249

0.343

−0.061

−0.142

0.198

−0.403

0.210

Dbacba

       

1.000

−0.140

−0.026

−0.081

0.068

−0.154

0.207

PCR

        

1.000

−0.101

−0.035

−0.047

−0.329

0.084

PCB

         

1.000

−0.169

0.129

0.122

0.037

GDPg

          

1.000

−0.081

−0.0004

−0.006

Inflation

           

1.000

0.059

0.130

PubIvt

            

1.000

−0.309

NODA

             

1.000

Trade

  1. M2 Money Supply, Fdgdp financial deposits(liquid liabilities), BcBd bank credit on bank deposits, FcFd financial credit on Financial deposits, Pcrb private domestic credit from deposit banks
  2. Pcrbof private domestic credit from deposit banks and other financial institutions, Dbacba deposit bank assets on central bank assets plus deposit bank assets, Info information, PCR public credit Registries
  3. PCB Private Credit Bureaus, GDPg GDP growth, Popg population growth, PubIvt Public Investment, NODA Net Official Development Assistance, Info information