Table 11

Pearson correlation: the European region

VariablesCGCPCPBOCPB
CG1.00   
    
    
CP0.071.00  
 (0.65)  
 ((0.51))  
CPBO0.23**0.91***1.00 
 (2.14)(19.13) 
 ((0.04))((0.00)) 
CPB0.070.99***0.91***1.00
 (0.66)(482.88)(19.02)
 ((0.51))((0.00))((0.00))

Note(s):t-statistics are reported in single parenthesis. p-values are reported in double parenthesis. **, *** denote statistical significance at 5 and 1% level respectively

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