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Correlation matrix
| VTR | ODR | HE | NM | PL | DPR | |
|---|---|---|---|---|---|---|
| VTR | 1 | −0.06679 | −0.40408 | 0.00094 | −0.05572 | −0.21196 |
| ODR | −0.06679 | 1 | 0.40492 | −0.24568 | 0.46204 | −0.20151 |
| HE | −0.40408 | 0.40492 | 1 | 0.05485 | 0.133689 | −0.09082 |
| NM | 0.00094 | −0.24568 | 0.05485 | 1 | 0.200719 | 0.48030 |
| PCGNI | −0.05572 | 0.46204 | 0.13368 | 0.20071 | 1 | 0.18211 |
| DPR | −0.21196 | −0.20151 | −0.09082 | 0.4803 | 0.18211 | 1 |
Source: Authors calculation using EViews.
