Descriptive statistics and correlation matrix of continuous variables for China’s model
| Variable | Mean | SD | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Number of unrealized CBMAs | 1.5 | 2.2 | 1.00 | |||||||
| 2. CPI distance | 25.7 | 12.5 | 0.04 | 1.00 | ||||||
| 3. Cultural distance | 2.7 | 2.2 | 0.19 | 0.46 | 1.00 | |||||
| 4. EF distance | 16.1 | 10.2 | 0.07 | 0.82 | 0.27 | 1.00 | ||||
| 5.LnGeo_distance | 8.8 | 0.56 | 0.14 | 0.03 | 0.53 | −0.12 | 1.00 | |||
| 6. GDP growth_host | 2.5 | 2.8 | −0.15 | −0.18 | −0.22 | −0.06 | −0.17 | 1.00 | ||
| 7. CPI_home | 3.6 | 0.23 | 0.34 | −0.11 | −0.00 | −0.01 | 0.00 | −0.25 | 1.00 | |
| 8. EF_home | 53 | 2.07 | 0.00 | −0.02 | −0.00 | −0.16 | −0.00 | −0.03 | 0.31 | 1.00 |
| Variable | Mean | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Number of unrealized CBMAs | 1.5 | 2.2 | 1.00 | |||||||
| 2. | 25.7 | 12.5 | 0.04 | 1.00 | ||||||
| 3. Cultural distance | 2.7 | 2.2 | 0.19 | 0.46 | 1.00 | |||||
| 4. | 16.1 | 10.2 | 0.07 | 0.82 | 0.27 | 1.00 | ||||
| 5.LnGeo_distance | 8.8 | 0.56 | 0.14 | 0.03 | 0.53 | −0.12 | 1.00 | |||
| 6. | 2.5 | 2.8 | −0.15 | −0.18 | −0.22 | −0.06 | −0.17 | 1.00 | ||
| 7. CPI_home | 3.6 | 0.23 | 0.34 | −0.11 | −0.00 | −0.01 | 0.00 | −0.25 | 1.00 | |
| 8. EF_home | 53 | 2.07 | 0.00 | −0.02 | −0.00 | −0.16 | −0.00 | −0.03 | 0.31 | 1.00 |
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