Table 4

Correlation analysis

VariableCorrelation coefficient with WPR
Working Poverty Rate (WPR)1.00
Trade Share (Trade % of GDP)−0.19
Trade Openness (CTS)−0.17
Growth Rate0.05
Age Dependency Ratio0.74
School Enrollment−0.11
Unemployment Rate−0.24
Inflation0.05
Labor Productivity−0.56

Source(s): Author's own calculation from collected data

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