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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