Table 8.
Correlation matrix
| Variable | LnCO2 | LnTR | LnRGDP | FDI | LnDC |
|---|---|---|---|---|---|
| LnCO2 | 1 | ||||
| LnTR | − 0.5419 | 1 | |||
| LnRGDP | − 0.8459 | 0.4623 | 1 | ||
| FDI | − 0.0210 | − 0.0302 | 0.0538 | 1 | |
| LnDC | − 0.4651 | 0.6572 | 0.6263 | 0.2585 | 1 |
Source: Calculations by authors
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