Table 3 Pairwise correlations and multicollinearity test.

From: How do financial development and institutional quality influence greenhouse gases in the Next-11 economies?

Variables

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

VIF

Tolerance value

(1) LnCO2

1.000

         

(2) LnN2O

0.294

1.000

        

(3) LnCH4

0.070

0.659

1.000

       

(4) LnFD

0.354

−0.184

−0.411

1.000

    

1.836

0.545

(5) LnGDP

0.805

−0.021

−0.360

0.415

1.000

   

3.36

0.298

(6) LnKOFGI

0.574

0.278

−0.304

0.404

0.699

1.000

  

4.252

0.235

(7) LnGDS

0.715

0.142

−0.210

0.568

0.680

0.532

1.000

 

2.663

0.375

(8) IQ

0.379

0.200

−0.307

0.292

0.614

0.753

0.441

1.000

2.528

0.396