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Table 7 Correlation tests for foreign capital inflows and financial development’s proxies

From: The interaction effect of foreign capital inflows and financial development on economic welfare in sub-Saharan Africa

(a) Correlation test for domestic credit and money supply
  Domestic credit Money supply
 Domestic credit 1.000  
 Money supply 0.7613 (0.0000) 1.000
(b) correlation test for FDI and official credit
  FDI Official credit
 FDI 1.0000  
 Official credit −0.1304 (0.0192) 1.0000
  1. Significance level in parenthesis of < 0.05 indicates strong correlation