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Table 3 Correlation Matrix of Low income countries

From: Institutions and FDI: evidence from developed and developing countries

 

lnFDI

trade

Mobile

lnGDPp

Un

Inflation

Agriculture

CC

GE

PS

RQ

RL

VA

lnFDI

1.000

            

Trade

0.335

1.000

           

Mobile

0.421

0.193

1.000

          

lnGDPp

0.326

0.069

0.388

1.000

         

Un

0.257

0.204

0.023

-0.011

1.000

        

Inflation

-0.003

0.035

-0.030

0.049

-0.001

1.000

       

Agriculture

-0.333

0.041

-0.213

-0.440

-0.163

-0.061

1.000

      

CC

0.074

-0.078

0.070

0.211

0.105

-0.082

-0.355

1.000

     

GE

0.156

-0.156

-0.009

0.381

0.161

-0.046

-0.521

0.781

1.000

    

PS

0.261

0.088

0.126

0.366

0.251

-0.030

-0.364

0.568

0.622

1.000

   

RQ

0.240

-0.168

0.086

0.287

0.136

-0.150

-0.344

0.739

0.812

0.616

1.000

  

RL

0.227

-0.067

0.094

0.330

0.079

-0.104

-0.413

0.773

0.844

0.720

0.880

1.000

 

VA

0.216

0.091

0.184

0.280

0.217

-0.096

-0.250

0.547

0.612

0.745

0.649

0.757

1.000

Descriptive Statistics of Low income Countries

 

Obs.

Mean

Std. Dev.

Min.

Max.

        

lnFDI

420

18.017

2.358

4.605

22.625

        

Trade

420

61.464

31.303

20.964

311.360

        

Mobile

420

23.441

29.562

0.000

149.070

        

lnGDPp

420

6.197

0.399

4.811

7.206

        

Inflation

420

75.360

1192.571

-35.837

24.411

        

Agriculture

420

36.512

12.986

10.094

93.977

        

Index

420

-0.520

0.547

-0.436

0.754