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Table 15 Principal component analysis results for Foreign Capital Inflows (FCF)

From: The interaction effect of foreign capital inflows and financial development on economic welfare in sub-Saharan Africa

Component

Eigenvalue

Difference

Proportion

Cumulative

FCF 1

1.36191

.173449

0.3405

0.3405

FCF 2

1.18846

.319729

0.2971

0.6376

FCF 3

.868735

.287846

0.2172

0.8548

FCF 4

.580889

–

0.1452

1.0000

Principal components (eigenvectors)

 Variable

FCF 1

FCF 2

FCF 3

FCF 4

Unexplained

 Private creditors

0.4326

−0.3554

0.8257

0.0698

0

 Portfolio

0.6796

0.2231

− 0.3128

0.6249

0

 Official credit

0.3746

0.7056

0.1566

0.5808

0

 FDI

0.4591

−0.5710

−0.4426

0.5170

0