Financial Innovation

Table 2 The composite index of quality of institutions

From: The role of natural resources in financial expansion: evidence from Central Asia

Eigen value: [S = 6, a = 1
No	Eigen-value	Diff	Prop	C.Value
P₁	3.715	2.697	0.619	0.619
P₂	1.018	0.444	0.169	0.789
P₃	0.574	0.103	0.095	0.884
P₄	0.471	0.324	0.078	0.963
P₅	0.146	0.074	0.024	0.987
P₆	0.072		0.012	1.000

Eve	P₁	P₂	P₃	P₄	P₅	P₆
CORP	0.4063	0.1137	− 0.4892	0.6809	0.3438	− 0.0294
RULE	0.4798	0.0824	− 0.2461	− 0.0541	− 0.8259	0.1319
REQ	0.4849	− 0.1482	0.2989	− 0.1135	0.0577	− 0.7984
VOICE	0.4109	− 0.2913	0.6429	0.245	0.0844	0.5156
PSTAB	0.1122	0.9346	0.3298	− 0.018	0.0654	0.0254
GOVEF	0.4338	0.0023	− 0.2979	− 0.6784	0.4301	0.279

All variables are defined in Table 1
P₁, first principal component; P₂, second principal component; P₃, third principal component; P₄, fourth principal component; P₅, fifth principal component; P₆, six principal component

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