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Table 5 Correlation test for HEWE components

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

 

Health

Education

Consumption

Remittances

Health

1.000

   

Education

0.9178 (0.0000)

1.000

  

Consumption

0.8641 (0.0000)

0.8754 (0.0000)

1.000

 

Remittances

0.3685 (0.0000)

0.3419 (0.0000)

0.4105 (0.0000)

1.000

  1. Significance level in parenthesis of < 0.05 indicates strong correlation