Correlation
| Variables | ACE | CORR | DCPS | FPI | GDP | GE | GDS | ICT | RMIT | POL | RQ | RL | VA | GOV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACE | 1.000 | |||||||||||||
| CORR | 0.272 | 1.000 | ||||||||||||
| (0.000) | ||||||||||||||
| DCPS | 0.485 | 0.404 | 1.000 | |||||||||||
| (0.000) | (0.000) | |||||||||||||
| FPI | 0.042 | 0.066 | 0.044 | 1.000 | ||||||||||
| (0.465) | (0.249) | (0.440) | ||||||||||||
| GDP | 0.402 | 0.344 | 0.356 | 0.091 | 1.000 | |||||||||
| (0.000) | (0.000) | (0.000) | (0.111) | |||||||||||
| GE | 0.400 | 0.774 | 0.548 | 0.040 | 0.438 | 1.000 | ||||||||
| (0.000) | (0.000) | (0.000) | (0.485) | (0.000) | ||||||||||
| GDS | 0.339 | −0.074 | 0.006 | −0.009 | 0.232 | 0.030 | 1.000 | |||||||
| (0.000) | (0.215) | (0.921) | (0.885) | (0.000) | (0.621) | |||||||||
| ICT | 0.386 | 0.204 | 0.369 | 0.083 | 0.398 | 0.235 | 0.051 | 1.000 | ||||||
| (0.000) | (0.000) | (0.000) | (0.146) | (0.000) | (0.000) | (0.394) | ||||||||
| RMIT | −0.016 | 0.118 | −0.009 | 0.011 | −0.097 | 0.009 | −0.403 | −0.014 | 1.000 | |||||
| (0.781) | (0.038) | (0.871) | (0.854) | (0.088) | (0.871) | (0.000) | (0.807) | |||||||
| POL | 0.389 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | ||||
| (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | ||||||
| RQ | 0.313 | 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) | (0.432) | (0.000) | (0.000) | (0.790) | (0.000) | (0.906) | (0.000) | |||||
| RL | 0.355 | 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) | (0.829) | (0.000) | (0.000) | (0.711) | (0.001) | (0.028) | (0.000) | (0.000) | ||||
| VA | 0.339 | 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) | (0.000) | (0.000) | (0.479) | (0.000) | (0.000) | (0.098) | (0.000) | (0.113) | (0.000) | (0.000) | (0.000) | |||
| GOV | 0.389 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | 0.603 | 0.764 | 0.625 | 1.000 |
| (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | (0.000) | (0.000) | (0.000) | (0.000) |
| Variables | ACE | CORR | DCPS | FPI | GDP | GE | GDS | ICT | RMIT | POL | RQ | RL | VA | GOV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACE | 1.000 | |||||||||||||
| CORR | 0.272 | 1.000 | ||||||||||||
| (0.000) | ||||||||||||||
| DCPS | 0.485 | 0.404 | 1.000 | |||||||||||
| (0.000) | (0.000) | |||||||||||||
| FPI | 0.042 | 0.066 | 0.044 | 1.000 | ||||||||||
| (0.465) | (0.249) | (0.440) | ||||||||||||
| GDP | 0.402 | 0.344 | 0.356 | 0.091 | 1.000 | |||||||||
| (0.000) | (0.000) | (0.000) | (0.111) | |||||||||||
| GE | 0.400 | 0.774 | 0.548 | 0.040 | 0.438 | 1.000 | ||||||||
| (0.000) | (0.000) | (0.000) | (0.485) | (0.000) | ||||||||||
| GDS | 0.339 | −0.074 | 0.006 | −0.009 | 0.232 | 0.030 | 1.000 | |||||||
| (0.000) | (0.215) | (0.921) | (0.885) | (0.000) | (0.621) | |||||||||
| ICT | 0.386 | 0.204 | 0.369 | 0.083 | 0.398 | 0.235 | 0.051 | 1.000 | ||||||
| (0.000) | (0.000) | (0.000) | (0.146) | (0.000) | (0.000) | (0.394) | ||||||||
| RMIT | −0.016 | 0.118 | −0.009 | 0.011 | −0.097 | 0.009 | −0.403 | −0.014 | 1.000 | |||||
| (0.781) | (0.038) | (0.871) | (0.854) | (0.088) | (0.871) | (0.000) | (0.807) | |||||||
| POL | 0.389 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | ||||
| (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | ||||||
| RQ | 0.313 | 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) | (0.432) | (0.000) | (0.000) | (0.790) | (0.000) | (0.906) | (0.000) | |||||
| RL | 0.355 | 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) | (0.829) | (0.000) | (0.000) | (0.711) | (0.001) | (0.028) | (0.000) | (0.000) | ||||
| VA | 0.339 | 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) | (0.000) | (0.000) | (0.479) | (0.000) | (0.000) | (0.098) | (0.000) | (0.113) | (0.000) | (0.000) | (0.000) | |||
| GOV | 0.389 | 0.658 | 0.298 | −0.021 | 0.367 | 0.647 | 0.150 | 0.121 | 0.105 | 1.000 | 0.603 | 0.764 | 0.625 | 1.000 |
| (0.000) | (0.000) | (0.000) | (0.714) | (0.000) | (0.000) | (0.012) | (0.033) | (0.065) | (0.000) | (0.000) | (0.000) | (0.000) |
Note(s): ACE is total 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, GOV is governance index, 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 effectiveness
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