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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