Table 4

Correlation matrix

Variable(s)MSCORRUPSDGSTAKEGDPFOIFDIEXPORTMAN
MS1.0000        
CORRUP0.4437 (0.000)1.0000       
SDG−0.4718 (0.000)−0.3527 (0.000)1.0000      
STAKE−0.0279 (0.5393)0.1252 (0.000)0.1676 (0.000)1.0000     
GDP−0.4413 (0.000)−0.3797 (0.000)0.3595 (0.000)0.0532 (0.099)1.0000    
FOI−0.4168 (0.000)−0.3963 (0.000)−0.3251 (0.000)0.1677 (0.000)0.3578 (0.000)1.0000   
FDI0.2180 (0.000)−0.0018 (0.956)0.0980 (0.006)0.0709 (0.034)0.0184 (0.584)0.0334 (0.321)1.0000  
Export−0.3035 (0.000)−0.1971 (0.000)0.3687 (0.000)0.2373 (0.000)0.4023 (0.000)−0.0465 (0.149)0.1363 (0.6759)1.0000 
MAN−0.1740 (0.000)−0.3162 (0.000)0.2370 (0.000)−0.0751 (0.015)0.2653 (0.000)−0.2128 (0.000)0.0190 (0.571)0.2895 (0.000)1.0000

Note(s): All variable definitions are given in Table 1 

Source(s): Table by the authors

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