Variable

Mean

Std Error

1

2

3

4

5

6

7

8

1. FDI

1,663,685

1,915,799

1.000

2. Freedom from corruption

34.53

1,393,135

0.1857

1.000

0.0071

3. Property rights

42.47

1,736,812

0.4906

0.4624

1.000

0.0000

0.0000

4. Investment freedom

55.67

1,756,293

0.5041

0.4409

0.7609

1.000

0.0000

0.0000

0.0000

5. GDP total

3,863,953

2,562,281

0.5577

−0.0698

0.3125

0.4698

1.000

0.0000

0.3150

0.0000

0.0000

6. Inflation

8,218,593

9,741,675

−0.2056

−0.1522

−0.0674

−0.2771

0.0180

1.000

0.0036

0.0318

0.3445

0.0001

0.8009

7. Interest

1,180,497

9,290,667

−0.2292

0.0318

0.0778

−0.0414

−0.1049

−0.0199

1.000

0.0013

0.6589

0.2797

0.5657

0.1444

0.7877

8. Exchange

1,249,622

4,458,331

−0.1613

−0.0066

−0.1336

−0.1853

−0.1644

0.2801

−0.0280

1.000

0.0208

0.9225

0.0463

0.0055

0.0185

0.0001

0.6975