Table A1 Correlations matrix Variables 1... | Emerald Publishing

Table A1

Correlations matrix

Variables	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	VIF
(1) CAPDEVABS	1
(2) LOGPOP	−0.165**	1														1,414
(3) LOGTAXBASE	−0.037	0.433**	1													1,627
(4) TAXRATE	−0.011	−0.464**	−0.600**	1												1,715
(5) FEE LEVEL	0.032	−0.428**	−0.235**	0.320**	1											1,401
(6) PREELEC	−0.083**	0.001	−0.009	−0.001	−0.016	1										1.84
(7) ELEC	0.052†	−0.006	0.016	−0.009	−0.051†	−0.408**	1									1,613
(8) POSTELEC	0.015	−0.001	0.008	−0.003	0.013	−0.408**	−0.250**	1								1,604
(9) RIGHT	0.013	0.091**	0.348**	−0.404**	−0.103**	0.100**	−0.047	−0.042	1							1,673
(10) COAL	−0.006	−0.003	−0.175**	0.050†	0.085**	−0.113**	0.046	0.046	−0.489**	1						1,457
(11) MINOR	−0.055†	0.052†	−0.084**	−0.039	0.006	−0.076**	0.031	0.031	0.111**	−0.175**	1					1,093
(12) LIQ	0.063*	−0.190**	−0.014	−0.039	−0.031	0.012	−0.021	−0.008	0.053†	−0.051**	0.025	1				1,238
(13) SOL	0.011	0.138**	0.187**	−0.329**	−0.320**	0.019	0.000	−0.026	0.243	−0.118	−0.006	0.354	1			1,417
(14) Corp	−0.046	0.188**	0.085**	0.059*	0.042	0.000	0.000	0.000	−0.060*	−0.037	0.005	−0.178**	−0.203**	1		1,222
(15) COOP	−0.023	0.066*	0.004	−0.068*	−0.004	0.000	0.000	0.000	0.046	−0.004	0.000	−0.066*	−0.015	0.280**	1	1,109

Variables	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	VIF
(1) CAPDEVABS	1
(2) LOGPOP	−0.165**	1														1,414
(3) LOGTAXBASE	−0.037	0.433**	1													1,627
(4) TAXRATE	−0.011	−0.464**	−0.600**	1												1,715
(5) FEE LEVEL	0.032	−0.428**	−0.235**	0.320**	1											1,401
(6) PREELEC	−0.083**	0.001	−0.009	−0.001	−0.016	1										1.84
(7) ELEC	0.052†	−0.006	0.016	−0.009	−0.051†	−0.408**	1									1,613
(8) POSTELEC	0.015	−0.001	0.008	−0.003	0.013	−0.408**	−0.250**	1								1,604
(9) RIGHT	0.013	0.091**	0.348**	−0.404**	−0.103**	0.100**	−0.047	−0.042	1							1,673
(10) COAL	−0.006	−0.003	−0.175**	0.050†	0.085**	−0.113**	0.046	0.046	−0.489**	1						1,457
(11) MINOR	−0.055†	0.052†	−0.084**	−0.039	0.006	−0.076**	0.031	0.031	0.111**	−0.175**	1					1,093
(12) LIQ	0.063*	−0.190**	−0.014	−0.039	−0.031	0.012	−0.021	−0.008	0.053†	−0.051**	0.025	1				1,238
(13) SOL	0.011	0.138**	0.187**	−0.329**	−0.320**	0.019	0.000	−0.026	0.243	−0.118	−0.006	0.354	1			1,417
(14) Corp	−0.046	0.188**	0.085**	0.059*	0.042	0.000	0.000	0.000	−0.060*	−0.037	0.005	−0.178**	−0.203**	1		1,222
(15) COOP	−0.023	0.066*	0.004	−0.068*	−0.004	0.000	0.000	0.000	0.046	−0.004	0.000	−0.066*	−0.015	0.280**	1	1,109

Note(s):*. Correlation is significant at the 0.05 level (two-tailed). **. Correlation is significant at the 0.01 level (two-tailed). †. Correlation is moderately significant at the 0.10 level