Correlation
| Variables | RPAE | UPAE | CORR | DCPS | FPI | GDP | GEFF | GDS | ICT | RMIT | POL | RQ | RL | VA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RPAE | 1.000 | |||||||||||||
| UPAE | 0.535 | 1.000 | ||||||||||||
| (0.000) | ||||||||||||||
| CORR | 0.423 | 0.159 | 1.000 | |||||||||||
| (0.000) | (0.005) | |||||||||||||
| DCPS | 0.516 | 0.336 | 0.404 | 1.000 | ||||||||||
| (0.000) | (0.000) | (0.000) | ||||||||||||
| FPI | 0.045 | 0.146 | 0.066 | 0.044 | 1.000 | |||||||||
| (0.434) | (0.010) | (0.249) | (0.440) | |||||||||||
| GDP | 0.377 | 0.248 | 0.344 | 0.356 | 0.091 | 1.000 | ||||||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.111) | ||||||||||
| GEFF | 0.487 | 0.254 | 0.774 | 0.548 | 0.040 | 0.438 | 1.000 | |||||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.485) | (0.000) | |||||||||
| GDS | 0.091 | 0.311 | −0.074 | 0.006 | −0.009 | 0.232 | 0.030 | 1.000 | ||||||
| (0.130) | (0.000) | (0.215) | (0.921) | (0.885) | (0.000) | (0.621) | ||||||||
| ICT | 0.352 | 0.296 | 0.204 | 0.369 | 0.083 | 0.398 | 0.235 | 0.051 | 1.000 | |||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.146) | (0.000) | (0.000) | (0.394) | |||||||
| RMIT | 0.042 | −0.078 | 0.118 | −0.009 | 0.011 | −0.097 | 0.009 | −0.403 | −0.014 | 1.000 | ||||
| (0.464) | (0.172) | (0.038) | (0.871) | (0.854) | (0.088) | (0.871) | (0.000) | (0.807) | ||||||
| POL | 0.381 | 0.232 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | |||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | |||||
| RQ | 0.396 | 0.219 | 0.679 | 0.476 | 0.045 | 0.323 | 0.824 | 0.016 | 0.227 | −0.007 | 0.603 | 1.000 | ||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.432) | (0.000) | (0.000) | (0.790) | (0.000) | (0.906) | (0.000) | ||||
| RL | 0.449 | 0.221 | 0.809 | 0.436 | 0.012 | 0.338 | 0.832 | 0.022 | 0.183 | 0.125 | 0.764 | 0.809 | 1.000 | |
| (0.000) | (0.000) | (0.000) | (0.000) | (0.829) | (0.000) | (0.000) | (0.711) | (0.001) | (0.028) | (0.000) | (0.000) | |||
| VA | 0.447 | 0.175 | 0.692 | 0.501 | 0.040 | 0.254 | 0.696 | −0.099 | 0.239 | 0.091 | 0.625 | 0.681 | 0.753 | 1.000 |
| (0.000) | (0.002) | (0.000) | (0.000) | (0.479) | (0.000) | (0.000) | (0.098) | (0.000) | (0.113) | (0.000) | (0.000) | (0.000) |
| Variables | RPAE | UPAE | CORR | DCPS | FPI | GDP | GEFF | GDS | ICT | RMIT | POL | RQ | RL | VA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RPAE | 1.000 | |||||||||||||
| UPAE | 0.535 | 1.000 | ||||||||||||
| (0.000) | ||||||||||||||
| CORR | 0.423 | 0.159 | 1.000 | |||||||||||
| (0.000) | (0.005) | |||||||||||||
| DCPS | 0.516 | 0.336 | 0.404 | 1.000 | ||||||||||
| (0.000) | (0.000) | (0.000) | ||||||||||||
| FPI | 0.045 | 0.146 | 0.066 | 0.044 | 1.000 | |||||||||
| (0.434) | (0.010) | (0.249) | (0.440) | |||||||||||
| GDP | 0.377 | 0.248 | 0.344 | 0.356 | 0.091 | 1.000 | ||||||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.111) | ||||||||||
| GEFF | 0.487 | 0.254 | 0.774 | 0.548 | 0.040 | 0.438 | 1.000 | |||||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.485) | (0.000) | |||||||||
| GDS | 0.091 | 0.311 | −0.074 | 0.006 | −0.009 | 0.232 | 0.030 | 1.000 | ||||||
| (0.130) | (0.000) | (0.215) | (0.921) | (0.885) | (0.000) | (0.621) | ||||||||
| ICT | 0.352 | 0.296 | 0.204 | 0.369 | 0.083 | 0.398 | 0.235 | 0.051 | 1.000 | |||||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.146) | (0.000) | (0.000) | (0.394) | |||||||
| RMIT | 0.042 | −0.078 | 0.118 | −0.009 | 0.011 | −0.097 | 0.009 | −0.403 | −0.014 | 1.000 | ||||
| (0.464) | (0.172) | (0.038) | (0.871) | (0.854) | (0.088) | (0.871) | (0.000) | (0.807) | ||||||
| POL | 0.381 | 0.232 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | |||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | |||||
| RQ | 0.396 | 0.219 | 0.679 | 0.476 | 0.045 | 0.323 | 0.824 | 0.016 | 0.227 | −0.007 | 0.603 | 1.000 | ||
| (0.000) | (0.000) | (0.000) | (0.000) | (0.432) | (0.000) | (0.000) | (0.790) | (0.000) | (0.906) | (0.000) | ||||
| RL | 0.449 | 0.221 | 0.809 | 0.436 | 0.012 | 0.338 | 0.832 | 0.022 | 0.183 | 0.125 | 0.764 | 0.809 | 1.000 | |
| (0.000) | (0.000) | (0.000) | (0.000) | (0.829) | (0.000) | (0.000) | (0.711) | (0.001) | (0.028) | (0.000) | (0.000) | |||
| VA | 0.447 | 0.175 | 0.692 | 0.501 | 0.040 | 0.254 | 0.696 | −0.099 | 0.239 | 0.091 | 0.625 | 0.681 | 0.753 | 1.000 |
| (0.000) | (0.002) | (0.000) | (0.000) | (0.479) | (0.000) | (0.000) | (0.098) | (0.000) | (0.113) | (0.000) | (0.000) | (0.000) |
Note(s): RPAE is rural population access to electricity, UPAE is urban population access to electricity, RMIT is remittances, GDP is gross domestic product, FPI is food production index, ICT is Information communication technology, GDS is gross domestic savings, DCPS is domestic credit to the private sector, CORR is the level of corruption, POL is political stability, RQ is regulatory quality, VA is Voice and accountability, RL is rule of law and GE is government effectivenes
Source(s): Authors’ own work
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