Mathematical Problems in Engineering

Research Article

Social Interaction and Stock Market Participation: Evidence from China

Table 1

Means and correlations of the variables.


Correlation

Mean	0.3528	0.1832	0.0683	0.0640	0.0147	0.0063	0.0075	0.0035	0.4869	0.1637	0.0265
	1
	0.1971***	1
	0.1251***	0.0626***	1
	0.0464***	0.0829***	0.0374***	1
	0.0535***	0.0515***	0.0969***	0.1344***	1
	0.0463***	0.0377***	0.1259***	0.1048***	0.2254***	1
	0.0429***	0.0231***	0.1828***	0.0432***	0.0687***	0.1330***	1
	0.0328***	0.0248***	0.0950***	0.0549**	0.1718***	0.1869***	0.0943***	1
	0.0200**	0.0130	0.0125*	0.0789***	0.0312***	0.0231***	0.0045	0.0220***	1
	0.0075	0.0741***	0.0205***	0.2113***	0.0817***	0.0523***	0.0050	0.0786***	0.2723***	1
	0.0465***	0.0664***	0.0685***	0.1917***	0.1380***	0.1028***	0.0359***	0.1782***	0.0994***	0.3274***	1
Age	−0.0529***	−0.0674***	−0.1029***	0.0063	0.0041	−0.0294***	−0.0297***	−0.0409***	0.0106	−0.1471***	−0.1044***
Education	0.0116	0.1459***	0.0617***	0.2142***	0.1049***	0.0983***	0.0367***	0.1040***	0.0970***	0.2931***	0.2614***
Residence	0.0236***	−0.0871***	−0.0053	−0.3174***	−0.1087***	−0.0633***	−0.0121	−0.0595***	−0.1215***	−0.3084***	−0.2596***
Wealth	0.0207***	0.0157**	0.0097	0.0292***	0.0152*	−0.0015	−0.0020	0.0004	0.0227***	0.0527***	0.1005**
	0.0283***	0.0317***	0.0354***	0.1200***	0.0367***	0.0293***	0.0087	0.0554***	0.0489***	0.1519***	0.2842***
	0.0326***	0.0391***	0.0488***	0.1083***	0.0631***	0.0272***	0.0136***	0.1132***	0.0462***	0.1314***	0.3229***

Note. Numbers with ***, **, and * are significant at 1%, 5%, and 10% level, respectively.