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Financial Innovation

Table 1 Results of polychoric correlation matrix and PPCA of perceived access to finance items

From: Impact of financial literacy, perceived access to finance, ICT use, and digitization on credit constraints: evidence from Qatari MSME importers

 

PAF_1

PAF_3

PAF_5

PAF_6

PAF_7

PAF_8

Panel A: Polychoric correlation matrix

PAF_1

1.0000

     

PAF_3

0.6662

1.0000

    

PAF_5

0.5227

0.5667

1.0000

   

PAF_6

0.5592

0.5547

0.6358

1.0000

  

PAF_7

0.6167

0.6280

0.6025

0.7122

1.0000

 

PAF_8

0.6412

0.6100

0.5797

0.5973

0.6456

1.0000

k

Eigenvalues

Proportion explained

Cumulative explained

Panel B: Polychoric PCA

1

4.0483

0.6747

0.6747

2

0.5634

0.0939

0.7686

3

0.4165

0.0694

0.8380

4

0.3820

0.0637

0.9017

5

0.3228

0.0538

0.9555

6

0.2671

0.0445

1.0000

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