Table 3 Correlation matrix.

From: Is taxation a curse or a blessing? The case of Turkiye

 

GDP

IT

DT

EXP

GDP

1.000

   

IT

0.587 (***)

1.000

  

t-stat

7.26 (0.00)

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DT

0.307 (***)

0.498 (***)

1.000

 

t-stat

3.23 (0.00)

5.74 (0.00)

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EXP

0.559 (***)

0.306 (***)

0.495 (***)

1.000

t-stat

6.75 (0.00)

3.21 (0.00)

5.70 (0.00)

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  1. In the table, “, , and ” in parentheses indicate “10%, 5%, and 1%” significance levels, respectively. The numbers in parentheses are the p-values.