| M | GDP | RP | FDI | REM |
Panel A: Summary Statistics |
|
| |||
Mean | 21.836 | 23.048 | 0.433 | 25.387 | 18.891 |
Std. Dev. | 1.162 | 1.321 | 1.184 | 1.861 | 1.722 |
Minimum | 19.379 | 21.237 | −1.293 | 21.393 | 13.843 |
Maximum | 25.140 | 26.863 | 6.057 | 30.113 | 24.017 |
Obs. | 342 | 342 | 342 | 342 | 342 |
Panel B: Correlation Matrix |
|
| |||
M | 1.000 |
|
|
|
|
GDP | 0.926* | 1.000 |
|
|
|
RP | 0.038 | 0.229* | 1.000 |
|
|
FDI | 0.891* | 0.863* | 0.043 | 1.000 |
|
REM | 0.663* | 0.546* | −0.461* | 0.573* | 1.000 |