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Table 6 Principal component analysis results for Human Economic Welfare Enhancement (HEWE)

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

Component Eigenvalue Difference Proportion Cumulative
Comp 1 2.982 2.189 0.7457 0.7457
Comp 2 0.793 0.649 0.1983 0.9440
Comp 3 0.143 0.0627 0.0358 0.9798
Comp 4 0.0806 0.0202 1.000
Principal components (eigenvectors)
 Variable Comp 1 Comp 2 Comp 3 Comp 4 Unexplained
 Remittances 0.3102 0.9476 0.0683 0.0342 0
 Consumption 0.5467 −0.1158 −0.8220 − 0.1093 0
 Health 0.5503 − 0.1911 0.4801 − 0.6558 0
 Education 0.5496 −0.2284 0.2984 0.7461 0
Scoring coefficients Sum of squares (column-loading) = 1
 Variable Comp 1 Comp 2 Comp 3 Comp 4  
 Remittances 0.3102 0.9476 0.0683 0.0342  
 Consumption 0.5467 −0.1158 −0.8220 −0.1093  
 Health 0.5503 −0.1911 0.4801 −0.6558  
 Education 0.5496 −0.2284 0.2984 0.7461