Table 3.

Correlation matrix

Var.(1)(2)(3)(4)(5)(6)(7)
(1) FDI1.000      
(2) Total aid0.0271.000     
(3) aid10.0260.9401.000    
(4) aid20.1750.6040.4601.000   
(5) aid30.0080.7640.7370.5291.000  
(6) aid40.1320.7710.7010.5140.6941.000 
(7) aid5−0.4010.5750.4770.2230.4040.3461.000

Notes:

The aid variables denote aid in social infrastructure and services (aid1), economic infrastructure and services (aid2), production sectors (aid3), multi-sectors (aid4) and the sum of commodity aid and humanitarian aid (aid5)

Source: Authors’ own elaboration

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