Table 4. Descriptive statistics and... | Emerald Publishing

Table 4.

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	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