Table 5.
Principal component analysis outcomes for three poverty components
| PCA on the poverty indices | |||||
|---|---|---|---|---|---|
| Eigen value | Variance explained | PC loadings | |||
| Absolute poverty | Relative poverty | Earnings & Incomes | |||
| 1st component | 2.15 | 72 % | 0.63 | 0.51 | 0.59 |
| 2nd component | 0.62 | 21 % | −0.21 | 0.84 | −0.50 |
| 3rd component | 0.23 | 7 % | −0.75 | 0.19 | 0.63 |