Financial Innovation

Table 5 Correlation Matrix of the selected variables

From: Remittances, financial development and economic growth in sub-Saharan African countries: evidence from a PMG-ARDL approach

	y	remmit	find	top	inf	pop	fdi
y	1
remmit	−0.19	1
find	0.71	0.01	1
top	0.38	0.49	0.51	1
inf	0.09	−0.02	− 0.01	0.16	1
pop	−0.53	−0.3	− 0.59	− 0.64	−0.11	1
fdi	0.31	−0.01	0.31	0.49	0.12	−0.24	1

Calculated by authors

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