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Table 4 Correlation Matrix of Lower middle income countries

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

  lnFDI Trade Mobile lnGDPp Inflation Agriculture CC GE PS RQ RL VA
lnFDI 1.000            
Trade -0.186 1.000           
Mobile 0.438 0.178 1.000          
lnGDPp 0.175 0.300 0.489 1.000         
Inflation -0.048 -0.130 -0.173 -0.284 1.000        
Agriculture -0.212 -0.347 -0.388 -0.661 0.378 1.000       
CC -0.299 0.335 0.079 0.431 -0.204 -0.322 1.000      
GE -0.023 0.177 0.129 0.351 -0.185 -0.296 0.727 1.000     
PS -0.367 0.448 -0.013 0.256 -0.150 -0.086 0.574 0.445 1.000    
RQ 0.107 0.272 0.237 0.417 -0.212 -0.416 0.449 0.709 0.287 1.000   
RL -0.131 0.268 0.066 0.395 -0.200 -0.322 0.859 0.746 0.545 0.549 1.000  
VA -0.031 0.194 0.105 0.245 -0.149 -0.239 0.507 0.448 0.441 0.473 0.602 1.000
Descriptive Statistics of Lower Middle Income Countries
  Obs. Mean Std. Dev. Min. Max.        
lnFDI 819 19.536 1.946 11.795 24.518        
Trade 819 81.252 64.355 0.167 170.407        
Mobile 819 42.225 44.130 0.000 196.311        
lnGDPp 819 7.393 0.545 5.556 8.358        
Inflation 819 8.328 10.416 -18.110 132.824        
Agriculture 819 19.870 11.134 2.273 57.239        
Index 819 -0.455 0.761 -2.351 1.918