Table 2 Pearson correlation matrix 1.... | Emerald Publishing

Table 2

Pearson correlation matrix

	1. LPG	2. Br. band	3. ICT invest	4. E-comm	5. Inst. Qual	6. GDP pc (log)	7. Unpl. Rate	8. Lab. F. Parti
1. Labour Productivity (LPG)	1.000	0.298**	0.261***	0.158**	0.109*	−0.042	−0.150*	0.120*
2. Broadband Penetration	0.298**	1.000	−0.059	0.024	−0.094	0.028	−0.080	0.045
3. ICT Investment	0.261***	−0.059	1.000	−0.035	0.091	−0.078	−0.120*	0.098*
4. E-commerce Adoption	0.158**	0.024	−0.035	1.000	0.123*	0.079	−0.065	0.054
5. Institutional Quality	0.109*	−0.094	0.091	0.123*	1.000	0.045	−0.070	0.060
6. GDP per Capita (log)	−0.042	0.028	−0.078	0.079	0.045	1.000	−0.095	0.082
7. Unemployment Rate	−0.150*	−0.080	−0.120*	−0.065	−0.070	−0.095	1.000	−0.110*
8. Labor Force Participation	0.120*	0.045	0.098*	0.054	0.060	0.082	−0.110*	1.000

	1. LPG	2. Br. band	3. ICT invest	4. E-comm	5. Inst. Qual	6. GDP pc (log)	7. Unpl. Rate	8. Lab. F. Parti
1. Labour Productivity (LPG)	1.000	0.298**	0.261***	0.158**	0.109*	−0.042	−0.150*	0.120*
2. Broadband Penetration	0.298**	1.000	−0.059	0.024	−0.094	0.028	−0.080	0.045
3. ICT Investment	0.261***	−0.059	1.000	−0.035	0.091	−0.078	−0.120*	0.098*
4. E-commerce Adoption	0.158**	0.024	−0.035	1.000	0.123*	0.079	−0.065	0.054
5. Institutional Quality	0.109*	−0.094	0.091	0.123*	1.000	0.045	−0.070	0.060
6. GDP per Capita (log)	−0.042	0.028	−0.078	0.079	0.045	1.000	−0.095	0.082
7. Unemployment Rate	−0.150*	−0.080	−0.120*	−0.065	−0.070	−0.095	1.000	−0.110*
8. Labor Force Participation	0.120*	0.045	0.098*	0.054	0.060	0.082	−0.110*	1.000

Note(s): *p < 0.10, **p < 0.05, ***p < 0.001. The correlations indicate that higher productivity and digitalisation are generally associated with improved labour market outcomes

Source(s): Created by authors