Table 1. Pairwise correlation matrix... | Emerald Publishing

Table 1.

Pairwise correlation matrix

Variables		1	2	3	4	5	6	7	8	9	10	11	12	13	14
1	OFDI Dummy	1
2	Populism political leader	−0.015	1
3	Populism political party	−0.005	0.061	1
4	Institutional env. home	−0.004	−0.091	−0.329	1
5	Economic size home	0.018	−0.221	−0.392	−0.339	1
6	Infrastructure home	−0.023	−0.197	−0.093	0.225	0.238	1
7	Common colony	−0.006	0.013	0.036	−0.046	0.008	0.045	1
8	Common language	−0.005	−0.006	0.235	0.125	−0.464	−0.164	0.269	1
9	Distance	−0.004	−0.088	−0.196	0.014	0.378	0.229	0.168	−0.485	1
10	Trade openness host	0.019	−0.067	0.008	−0.089	0.101	−0.061	0.165	−0.037	0.043	1
11	FDI openness host	0.012	−0.052	0.114	0.032	−0.191	−0.066	−0.048	0.323	−0.255	−0.002	1
12	Economy size host	0.008	−0.079	−0.091	−0.049	0.247	0.117	−0.011	−0.542	0.491	0.162	−0.478	1
13	International experience	0.085	0.046	−0.037	−0.008	−0.011	−0.086	0.028	−0.011	−0.009	−0.007	−0.028	0.064	1
14	Capex scale	0.447	0.005	−0.013	0.003	0.006	−0.043	−0.004	0.003	−0.015	0.008	−0.012	−0.016	0.082	1
	Mean	0.069	0.137	4.591	0.929	27.564	2.969	0.048	0.408	8.399	4.357	0.925	27.573	1.474	0.034
	S.D.	0.253	0.181	1.778	0.163	1.204	0.197	0.213	0.491	0.896	0.128	0.779	1.858	1.437	0.182
	Min.	0	0	2.1	0.439	23.532	1.385	0	0	5.199	3.161	−5.418	21.234	0	0
	Max.	1	1.733	9	1.322	28.771	3.509	1	1	9.868	4.499	6.213	30.705	25	1

Variables		1	2	3	4	5	6	7	8	9	10	11	12	13	14
1	OFDI Dummy	1
2	Populism political leader	−0.015	1
3	Populism political party	−0.005	0.061	1
4	Institutional env. home	−0.004	−0.091	−0.329	1
5	Economic size home	0.018	−0.221	−0.392	−0.339	1
6	Infrastructure home	−0.023	−0.197	−0.093	0.225	0.238	1
7	Common colony	−0.006	0.013	0.036	−0.046	0.008	0.045	1
8	Common language	−0.005	−0.006	0.235	0.125	−0.464	−0.164	0.269	1
9	Distance	−0.004	−0.088	−0.196	0.014	0.378	0.229	0.168	−0.485	1
10	Trade openness host	0.019	−0.067	0.008	−0.089	0.101	−0.061	0.165	−0.037	0.043	1
11	FDI openness host	0.012	−0.052	0.114	0.032	−0.191	−0.066	−0.048	0.323	−0.255	−0.002	1
12	Economy size host	0.008	−0.079	−0.091	−0.049	0.247	0.117	−0.011	−0.542	0.491	0.162	−0.478	1
13	International experience	0.085	0.046	−0.037	−0.008	−0.011	−0.086	0.028	−0.011	−0.009	−0.007	−0.028	0.064	1
14	Capex scale	0.447	0.005	−0.013	0.003	0.006	−0.043	−0.004	0.003	−0.015	0.008	−0.012	−0.016	0.082	1
	Mean	0.069	0.137	4.591	0.929	27.564	2.969	0.048	0.408	8.399	4.357	0.925	27.573	1.474	0.034
	S.D.	0.253	0.181	1.778	0.163	1.204	0.197	0.213	0.491	0.896	0.128	0.779	1.858	1.437	0.182
	Min.	0	0	2.1	0.439	23.532	1.385	0	0	5.199	3.161	−5.418	21.234	0	0
	Max.	1	1.733	9	1.322	28.771	3.509	1	1	9.868	4.499	6.213	30.705	25	1

Source: Own elaboration