FDI

MS

TO

INFRA

HC

FDI

1.0000

MS

0.4556

1.0000

TO

0.2552

−0.3326

1.0000

INFRA

0.1296

−0.4522

0.9659

1.0000

HC

0.0531*

−0.4527

0.7821

0.8827

1.0000

ECO

0.1494

−0.3989

0.9289

0.9795

0.9430

FDI_ch

1.0000

0.4556

0.2552

0.1296

0.0531

Ms

0.4556

1.0000

−0.3326

−0.4522

−0.4527

log_FDI

0.8318

0.4997

−0.0522

−0.1641

−0.1331

log_MS

0.3855

0.9323

−0.3581

−0.4533

−0.4301

log_TO

0.2341

−0.3417

0.9983

0.9754

0.8040

log_INFRA

0.1216

−0.4231

0.9205

0.9848

0.9299

log_HC

0.0641

−0.4190

0.7474

0.8610

0.9942

log_FDI

log_MS

log_TO

log_IN~A

log_HC

FDI_ch

Ms

log_FDI

1.0000

log_MS

0.4214

1.0000

log_TO

−0.0755

−0.3600

1.0000

log_INFRA

−0.1586

−0.3968

0.9373

1.0000

log_HC

−0.1216

−0.3768

0.7721

0.9233

1.0