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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

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Table 1 Correlation matrix.

From: Determinants of gross domestic savings in Uganda: an autoregressive distributed lag (ARDL) approach to cointegration

Variables DIR GDPg M2 CAB GNE FDI
Deposit interest rate 1      
GDPg − 0.0239 1     
(0.887)      
M2 − 0.5166* 0.0732 1    
(0.00090) (0.662)     
CAB 0.0142 − 0.170 − 0.278 1   
(0.933) (0.308) (0.0911)    
GNE 0.0772 0.5170* 0.118 − 0.4443* 1  
(0.645) (0.00090) (0.479) (0.00520)   
FDI − 0.5166* 0.4233* 0.7620* − 0.3567* 0.4132* 1
(0.00090) (0.00810) (0.000) (0.0279) (0.0099)  
  1. *** p < 0.01, ** p < 0.05, * p < 0.1