Table V. Factors extracted in factor... | Emerald Publishing

Table V.

Factors extracted in factor analysis

Variable	Factor 1	Factor 2	Factor 3	Factor 4
Budget expenses	0.8984	0.2285	–0.2282	0.0118
Budget revenues	0.8868	0.2271	–0.22	0.0485
Capital investment	0.9745	0.0058	–0.1024	0.0212
Current account	0.7278	–0.3525	0.2277	0.2438
Exports	0.9791	–0.0999	–0.0521	0.052
Foreign direct investment	0.9736	0.0363	–0.0657	0.0335
GDP (nominal)	0.9829	0.0901	–0.1215	0.0067
Imports	0.973	–0.0464	–0.0755	–0.0361
Money supply (M1)	0.9555	–0.0945	–0.1	0.0264
Capital market size	0.6739	–0.0836	0.2988	–0.2575
Inflation (%)	0.0088	0.7832	0.2091	0.1748
Interest rate	0.1044	0.8113	0.0573	0.2285
Current account as % of GDP	0.2798	–0.5197	0.5091	0.2503
Real GDP growth (%)	0.3779	0.1639	0.6789	–0.2283
Foreign debt as % of GDP	–0.3349	–0.1118	–0.4668	0.4123
Exchange rate (local)	–0.076	0.2951	0.3633	0.5521
Exchange rate stability	0.0275	–0.4809	0.0277	0.4508

Variable	Factor 1	Factor 2	Factor 3	Factor 4
Budget expenses	0.8984	0.2285	–0.2282	0.0118
Budget revenues	0.8868	0.2271	–0.22	0.0485
Capital investment	0.9745	0.0058	–0.1024	0.0212
Current account	0.7278	–0.3525	0.2277	0.2438
Exports	0.9791	–0.0999	–0.0521	0.052
Foreign direct investment	0.9736	0.0363	–0.0657	0.0335
GDP (nominal)	0.9829	0.0901	–0.1215	0.0067
Imports	0.973	–0.0464	–0.0755	–0.0361
Money supply (M1)	0.9555	–0.0945	–0.1	0.0264
Capital market size	0.6739	–0.0836	0.2988	–0.2575
Inflation (%)	0.0088	0.7832	0.2091	0.1748
Interest rate	0.1044	0.8113	0.0573	0.2285
Current account as % of GDP	0.2798	–0.5197	0.5091	0.2503
Real GDP growth (%)	0.3779	0.1639	0.6789	–0.2283
Foreign debt as % of GDP	–0.3349	–0.1118	–0.4668	0.4123
Exchange rate (local)	–0.076	0.2951	0.3633	0.5521
Exchange rate stability	0.0275	–0.4809	0.0277	0.4508