TABLE 3.

Pairwise correlation

	LRGDP	LCAP	LLAB	LTOT	LFDI	LHEA	LLEXP	LDRT
LRGDP	1
	–
LCAP	−0.9371*	1
	0.0000	–
LLAB	0.9200*	−0.9635*	1
	0.0000	0.0000	–
LTOT	0.8750*	−0.8482*	0.7967*	1
	0.0000	0.0000	0.0000	–
LFDI	−0.2385	0.2726	−0.3587	−0.0553	1
	0.2043	0.145	0.0516	0.7716	–
LHEA	0.9365*	−0.8460*	0.7938*	0.8405*	−0.2929	1
	0.0000	0.0000	0.0000	0.0000	0.2236	–
LLEXP	0.9725*	−0.9381*	0.9552*	0.8059*	−0.3298	0.8381*	1
	0.0000	0.0000	0.0000	0.0000	0.0751	0.0000	–
LDRT	−0.9603*	0.9314*	−0.9612*	−0.7864*	0.3594	−0.8034*	−0.9980*	1
	0.0000	0.0000	0.0000	0.0000	0.0511	0.0000	0.0000	–