Correlation coefficients
| CE_MW | CE_PA | CE_MA | CE_RW | CE_RB | CE_RE | CP | EG | TS | FDI | IND | GE | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CE_MW | 1 | |||||||||||
| CE_PA | 0.0681 | 1 | ||||||||||
| CE_MA | 0.331*** | 0.715*** | 1 | |||||||||
| CE_RW | 0.484*** | 0.156 | 0.248* | 1 | ||||||||
| CE_RB | 0.583*** | 0.186 | 0.341*** | 0.863*** | 1 | |||||||
| CE_RE | 0.507*** | −0.150 | −0.161 | 0.212* | 0.101 | 1 | ||||||
| CP | 0.407*** | 0.156 | 0.314** | 0.459*** | 0.418*** | 0.00317 | 1 | |||||
| EG | 0.559*** | 0.146 | 0.321*** | 0.719*** | 0.711*** | 0.158 | 0.436*** | 1 | ||||
| TS | −0.106 | −0.261** | −0.408*** | 0.0855 | 0.0153 | 0.0125 | −0.175 | −0.176 | 1 | |||
| FDI | 0.306** | 0.108 | 0.255** | 0.363*** | 0.423*** | −0.0398 | 0.333*** | 0.417*** | 0.210* | 1 | ||
| IND | −0.256** | 0.145 | −0.0673 | −0.125 | −0.0830 | 0.0298 | −0.406*** | −0.357*** | 0.202* | −0.295** | 1 | |
| GE | 0.406*** | 0.171 | 0.314** | 0.698*** | 0.709*** | 0.0985 | 0.451*** | 0.481*** | −0.0598 | 0.429*** | −0.121 | 1 |
| CE_MW | CE_PA | CE_MA | CE_RW | CE_RB | CE_RE | CP | EG | TS | FDI | IND | GE | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CE_MW | 1 | |||||||||||
| CE_PA | 0.0681 | 1 | ||||||||||
| CE_MA | 0.331*** | 0.715 | 1 | |||||||||
| CE_RW | 0.484 | 0.156 | 0.248 | 1 | ||||||||
| CE_RB | 0.583 | 0.186 | 0.341 | 0.863 | 1 | |||||||
| CE_RE | 0.507 | −0.150 | −0.161 | 0.212 | 0.101 | 1 | ||||||
| CP | 0.407 | 0.156 | 0.314 | 0.459 | 0.418 | 0.00317 | 1 | |||||
| EG | 0.559 | 0.146 | 0.321 | 0.719 | 0.711 | 0.158 | 0.436 | 1 | ||||
| TS | −0.106 | −0.261 | −0.408 | 0.0855 | 0.0153 | 0.0125 | −0.175 | −0.176 | 1 | |||
| FDI | 0.306 | 0.108 | 0.255 | 0.363 | 0.423 | −0.0398 | 0.333 | 0.417 | 0.210 | 1 | ||
| IND | −0.256 | 0.145 | −0.0673 | −0.125 | −0.0830 | 0.0298 | −0.406 | −0.357 | 0.202 | −0.295 | 1 | |
| GE | 0.406 | 0.171 | 0.314 | 0.698 | 0.709 | 0.0985 | 0.451 | 0.481 | −0.0598 | 0.429 | −0.121 | 1 |
Note(s): *p < 0.05; **p < 0.01 and ***p < 0.001