Table II.

The correlation matrix of the variables

lncintlnfdilnfosslnindlnurblntragdp
lncint1     
lnfdi−0.07811    
lnfoss0.1538*0.02711   
lnind0.1004*0.00170.4503*1  
lnurb0.1702*0.1424*0.6344*0.4053*1 
lntragdp0.0959*0.3091*0.1508*0.1344*0.2283*1

Note:

* Indicates that the coefficient is significant at the 5% level

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