Table 2.

Descriptive statistics and correlation matrix

VariablesDigiln Infraln Driln EcoC1C2C3C4C5C6
Digi1         
ln Infra0.618***1        
ln Dri0.710***0.501***1       
ln Eco0.705***0.604***0.710***1      
C10.0140.473***−0.074***−0.095***1     
C20.273***0.439***0.102***0.201***0.485***1    
C30.107***0.265***0.414***0.183***0.137***0.101***1   
C40.468***0.634***0.371***0.492***0.430***0.505***0.093***1  
C50.149***0.111***0.183***−0.272***0.049**−0.0090.242***−0.0071 
C60.261***0.211***0.304***−0.116***0.023−0.0120.283***0.073***0.843***1
Observations2412241224122412241224122412241224122412
Mean04.5797.29710.5875.9441.1859.82510.0661.6961.157
SD1.3560.8460.5050.7450.6420.8974.4581.8641.4260.975
Min−1.7422.5974.6497.5373.784−2.9772.0331.0990.3710.132
Max12.997.34910.12813.1858.1363.31816.10514.94124.816.743

Notes:

** and *** indicate that the correlation coefficient is significant at a level of 5 and 1%; respectively

Source: Table by authors

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