| Indicators of Macro-Level | Population density | GDP growth | ||||
| p-value | q-value | Rank | p-value | q-value | Rank | |
| Finance distribution | 0.000 | 0.9247*** | 1 | 0.000 | 0.9140*** | 2 |
| Market development | 0.000 | 0.1893*** | 6 | 0.000 | 0.3672*** | 6 |
| Educational resources | 0.000 | 0.8901*** | 2 | 0.000 | 0.9867*** | 1 |
| Urbanization rate | 0.000 | 0.5425*** | 5 | 0.000 | 0.5991*** | 5 |
| Tertiary industry | 0.000 | 0.7164*** | 4 | 0.000 | 0.8267*** | 3 |
| Secondary industry | 0.000 | 0.7490*** | 3 | 0.000 | 0.6367** | 4 |