The effect of equity structure and influence factors on China’s banking cyclical behavior and monetary policy

China Finance and Economic Review

Table 4 Correlation coefficient matrix

	loan	gdp	crisis	car	dtl	size	roa	dep_r	loan_r	res_r	fshare	state
loan	1.0000
gdp	0.0155	1.0000
crisis	0.2716^a	−0.0550	1.0000
car	−0.0752	−0.1603^a	0.0804	1.0000
dtl	0.3879^a	−0.0169	0.1142	0.1866^a	1.0000
size	−0.2372^a	−0.1827^a	−0.0901	−0.0149	−0.1702^a	1.0000
roa	−0.1396^a	−0.2667^a	0.0040	0.5185^a	0.0866	0.0471	1.0000
dep_r	0.1567^a	−0.3468^a	0.2554^a	0.0815	0.0101	0.0181	0.0306	1.0000
loan_r	0.2079^a	−0.3554^a	0.3023^a	0.0513	0.0400	0.0224	0.0150	0.9591^a	1.0000
res_r	0.1583^a	−0.6052^a	0.2067^a	0.1612^a	0.0818	0.0467	0.1912^a	0.6927^a	0.6019^a	1.0000
fshare	−0.0338	−0.0135	0.0163	−0.0065	−0,0682	0.5538^a	−0.0249	−0.0054	−0.0006	0.0201	1.0000
state	−0.1697^a	−0.0949	−0.0389	−0.0341	−0.0680	0.5236^a	−0.0444	0.0102	0.0022	0.0662	0.5405^a	1.0000