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Table 5 Correlation Matrix of Upper 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 -0.261 1.000           
Mobile 0.353 -0.062 1.000          
lnGDPp 0.401 -0.090 0.498 1.000         
inflation -0.022 -0.042 -0.118 -0.072 1.000        
Agriculture -0.394 0.076 -0.305 -0.636 0.095 1.000       
CC -0.108 0.022 0.075 0.186 -0.083 -0.142 1.000      
GE 0.135 0.008 0.211 0.311 -0.096 -0.156 0.812 1.000     
PS -0.322 0.225 0.030 0.134 -0.048 -0.080 0.550 0.431 1.000    
RQ 0.179 -0.016 0.159 0.306 -0.145 -0.160 0.703 0.825 0.340 1.000   
RL -0.208 0.069 0.077 0.205 -0.113 -0.073 0.857 0.821 0.656 0.747 1.000  
VA -0.222 -0.015 0.047 0.139 -0.086 0.030 0.742 0.672 0.504 0.730 0.775 1.000
Descriptive Statistics of Upper Middle Income Countries
  Obs. Mean Std. Dev. Min. Max.        
lnFDI 924 20.438 2.448 6.908 26.396        
Trade 924 86.638 46.561 0.027 531.737        
Mobile 924 58.694 49.111 0.000 185.822        
lnGDPp 924 8.592 0.473 7.106 9.920        
Inflation 924 11.108 39.948 -16.117 1058.374        
Agriculture 924 9.769 6.367 0.892 41.491        
Index 924 -0.472 1.152 -3.894 2.277