The Impacts of Crude Oil Market Structure on Stock Market Growth: Evidence from Asian Countries

Table 2

Correlation matrix.

	Stock	Between	Out-degree	In-degree	Inv	l	Open
Stock	1
Between	−0.0193	1
Out-degree	−0.0236	0.6729	1
In-degree	0.0727	0.5886	0.2987	1
Inv	−0.0366	0.2663	0.2639	0.4043	1
L	0.0214	−0.0743	−0.1063	−0.2177	−0.0995	1
Open	−0.0455	−0.2167	−0.0236	−0.3229	−0.5463	0.3576	1

Source: results calculated from the software STATA 16.0.