Table 2 Matrix of correlations Variables... | Emerald Publishing

Table 2

Matrix of correlations

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)
(1) Unemployment	1.000
(2) Remittance	−0.155	1.000
(3) Institutional quality	0.298	−0.214	1.000
(4) Real GDP growth	−0.214	−0.033	0.014	1.000
(5) Inflation	0.098	0.026	−0.174	−0.061	1.000
(6) Financial development	0.572	−0.082	0.588	−0.105	0.005	1.000
(7) Trade openness	0.290	0.018	0.510	−0.150	−0.188	0.342	1.000

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)
(1) Unemployment	1.000
(2) Remittance	−0.155	1.000
(3) Institutional quality	0.298	−0.214	1.000
(4) Real GDP growth	−0.214	−0.033	0.014	1.000
(5) Inflation	0.098	0.026	−0.174	−0.061	1.000
(6) Financial development	0.572	−0.082	0.588	−0.105	0.005	1.000
(7) Trade openness	0.290	0.018	0.510	−0.150	−0.188	0.342	1.000