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Financial Innovation

Table 4 Correlation matrix test

From: Effects of financial development and capital accumulation on labor productivity in sub-Saharan Africa: new insight from cross sectional autoregressive lag approach

Variables

LNPROD

LNCAPTA

FI

FM

FD

PROD

1.000

    

CAPTA

0.226

1.000

   

FI

0.473

0.357

1.000

  

FM

0.298

0.630

0.569

1.000

 

FD

0.455

0.509

0.937

0.820

1.000

  1. Source: Author’s computation
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