| Variables | (1) | (2) | (3) | (4) |
| (1) NaturalResEndow | 1.000 |
|
|
|
| (2) MarketSize | −0.054 | 1.000 |
|
|
|
| (0.479) |
|
|
|
| (3) InfrastQuality | −0.184 | 0.544 | 1.000 |
|
|
| (0.015) | (0.000) |
|
|
| (4) TradeOpenness | 0.597 | 0.091 | 0.064 | 1.000 |
|
| (0.000) | (0.230) | (0.405) |
|