Table 2 Summary of statistics and the... | Emerald Publishing

Table 2

Summary of statistics and the correlation matrix

Variables	VIF	Mean	SD	1	2	3	4	5	6	7	8	9	10	11
Individual-level variables
1. Opportunity-motivated entrepreneurship		0.70	0.26
2. University education	1.93	0.42	0.49	0.12
3. Perceived entrepreneurship skills	1.62	0.85	0.35	0.07	0.04
4. Fear of failure	2.03	0.26	0.45	−0.07	−0.03	−0.15
5. Age	1.54	39.22	12.04	−0.04	0.06	0.03	0.00
6. Gender (male)	1.79	0.57	0.49	0.05	0.03	0.06	−0.05	0.02
Country-level variables
7. Lagged business freedom	2.21	67.44	16.39	−0.08	0.09	−0.06	0.03	0.13	0.07
8. Lagged labor freedom	2.16	61.34	16.94	0.04	0.11	−0.02	−0.05	0.08	0.03	0.33
9. Lagged monetary freedom	2.45	72.68	7.31	0.03	0.01	−0.06	0.03	0.13	−0.04	0.41	0.27
10. Population (log)	3.19	17.18	1.84	0.00	−0.03	−0.05	0.00	−0.05	−0.05	−0.32	0.14	−0.14
11. GDP per capita (log)	2.38	9.48	1.36	−0.11	0.16	−0.10	0.05	0.24	0.04	0.35	0.14	0.42	−0.17
12. GDP growth rate	1.85	2.53	3.36	0.07	−0.03	0.06	−0.05	−0.12	−0.05	−0.34	0.07	−0.05	0.14	−0.33

Variables	VIF	Mean	SD	1	2	3	4	5	6	7	8	9	10	11
Individual-level variables
1. Opportunity-motivated entrepreneurship		0.70	0.26
2. University education	1.93	0.42	0.49	0.12
3. Perceived entrepreneurship skills	1.62	0.85	0.35	0.07	0.04
4. Fear of failure	2.03	0.26	0.45	−0.07	−0.03	−0.15
5. Age	1.54	39.22	12.04	−0.04	0.06	0.03	0.00
6. Gender (male)	1.79	0.57	0.49	0.05	0.03	0.06	−0.05	0.02
Country-level variables
7. Lagged business freedom	2.21	67.44	16.39	−0.08	0.09	−0.06	0.03	0.13	0.07
8. Lagged labor freedom	2.16	61.34	16.94	0.04	0.11	−0.02	−0.05	0.08	0.03	0.33
9. Lagged monetary freedom	2.45	72.68	7.31	0.03	0.01	−0.06	0.03	0.13	−0.04	0.41	0.27
10. Population (log)	3.19	17.18	1.84	0.00	−0.03	−0.05	0.00	−0.05	−0.05	−0.32	0.14	−0.14
11. GDP per capita (log)	2.38	9.48	1.36	−0.11	0.16	−0.10	0.05	0.24	0.04	0.35	0.14	0.42	−0.17
12. GDP growth rate	1.85	2.53	3.36	0.07	−0.03	0.06	−0.05	−0.12	−0.05	−0.34	0.07	−0.05	0.14	−0.33