Table 6 Correlation matrix of independent variables
Index | ln (PS) | ln (UR) | ln (GDP) | ln (AM) | ln (FU) | ln (IMP) | ln (FMP) |
|---|---|---|---|---|---|---|---|
ln (PS) | 1.000 | −0.716 | −0.784 | 0.512 | 0.476 | −0.312 | −0.542 |
ln (UR) | −0.716 | 1.000 | 0.840 | −0.641 | −0.766 | 0.480 | 0.510 |
ln (GDP) | −0.784 | 0.840 | 1.000 | −0.695 | −0.817 | 0.511 | 0.799 |
ln (AM) | 0.512 | −0.641 | −0.695 | 1.000 | 0.688 | −0.292 | −0.360 |
ln (FU) | 0.476 | −0.766 | −0.817 | 0.688 | 1.000 | −0.530 | −0.506 |
ln (IMP) | −0.312 | 0.480 | 0.511 | −0.292 | −0.530 | 1.000 | 0.270 |
ln (FMP) | −0.542 | 0.510 | 0.799 | −0.360 | −0.506 | 0.270 | 1.000 |
