Table 2.
Correlation matrix of selected indicators deployed in the empirical analysis, EU-CEECs-11, 2000–2018.
Source: Authors’ contribution in Stata 16
| GCI | GDP_cap | PGH | GERD | HTech | LLL | TE | Patents | |
|---|---|---|---|---|---|---|---|---|
| GCI | 1.0000 | |||||||
| GDP_cap | 0.4820 | 1.0000 | ||||||
| PGH | − 0.2286 | − 0.1532 | 1.0000 | |||||
| GERD | 0.5203 | 0.7467 | − 0.0265 | 1.0000 | ||||
| HTech | 0.3078 | 0.6009 | 0.2367 | 0.7020 | 1.0000 | |||
| LLL | 0.5866 | 0.7581 | − 0.3400 | 0.7210 | 0.3977 | 1.0000 | ||
| TE | 0.4768 | 0.2654 | − 0.5109 | 0.3663 | 0.0776 | 0.4007 | 1.0000 | |
| Patents | 0.2984 | 0.3367 | 0.3504 | 0.3878 | 0.3857 | 0.1798 | − 0.0341 | 1.0000 |