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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