Principal components descriptions and variance
| Principal component | Leiby descriptions | % Variation | Neumann descriptions | % Variation |
|---|---|---|---|---|
| PC1 | Private Non-Guaranteed Debt | 36.6 | Quality of Life | 24.0 |
| PC2 | Population Sizes | 8.5 | Military and Government | 11.0 |
| PC3 | Amortization | 6.0 | Freedom | 7.8 |
| PC4 | Consumption Spending | 3.8 | Unemployment | 5.6 |
| PC5 | Imports | 2.7 | Trade and Religious Diversity | 5.1 |
| PC6 | Unemployments | 2.1 | Anarchy Government | 4.9 |
| PC7 | Natural Resource Values | 1.9 | Arable Land | 4.3 |
| PC8 | Interest-Free Loans | 1.8 | Fresh Water | 3.8 |
| PC9 | Purchasing Power Parity | 1.7 | Conflict Intensity | 3.3 |
| PC10 | Publicly-Guaranteed Debt | 1.3 | ||
| Total Variation | 66.4 | 69.8 | ||
| Dimension Reduction | 98.9 | 70.0 |
| Principal component | Leiby descriptions | % Variation | Neumann descriptions | % Variation |
|---|---|---|---|---|
| PC1 | Private Non-Guaranteed Debt | 36.6 | Quality of Life | 24.0 |
| PC2 | Population Sizes | 8.5 | Military and Government | 11.0 |
| PC3 | Amortization | 6.0 | Freedom | 7.8 |
| PC4 | Consumption Spending | 3.8 | Unemployment | 5.6 |
| PC5 | Imports | 2.7 | Trade and Religious Diversity | 5.1 |
| PC6 | Unemployments | 2.1 | Anarchy Government | 4.9 |
| PC7 | Natural Resource Values | 1.9 | Arable Land | 4.3 |
| PC8 | Interest-Free Loans | 1.8 | Fresh Water | 3.8 |
| PC9 | Purchasing Power Parity | 1.7 | Conflict Intensity | 3.3 |
| PC10 | Publicly-Guaranteed Debt | 1.3 | ||
Source(s): Table by authors
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