Pearson correlation: the African region
| Variables | CG | CP | CPBO | CPB |
|---|---|---|---|---|
| CG | 1.000 | |||
| – | ||||
| – | ||||
| CP | 0.30*** | 1.00 | ||
| (8.01) | – | |||
| ((0.00)) | – | |||
| CPBO | 0.33*** | 0.96*** | 1.00 | |
| (8.91) | (100.04) | – | ||
| ((0.00)) | ((0.00)) | – | ||
| CPB | 0.33*** | 0.97*** | 0.99*** | 1.00 |
| (9.01) | (108.41) | (323.79) | – | |
| ((0.00)) | ((0.00)) | ((0.00)) | – |
| Variables | CG | CP | CPBO | CPB |
|---|---|---|---|---|
| CG | ||||
| CP | 1.00 | |||
| – | ||||
| – | ||||
| CPBO | 0.96*** | 1.00 | ||
| (100.04) | – | |||
| ((0.00)) | – | |||
| CPB | 0.97*** | 0.99*** | 1.00 | |
| (108.41) | (323.79) | – | ||
| ((0.00)) | ((0.00)) | – |
Note(s): t-statistics are reported in single parenthesis. p-values are reported in double parenthesis. *** denote statistical significance at 1% level
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