Public

Expenditure

Public Consumption

Public

Investment

Private

Investment

Term of Trade

Population

Public Expenditure

1.00

Public Consumption

0.68

1.00

Public Investment

0.85

0.23

1.00

Private Investment

−0.62

−0.54

−0.23

1.00

Term of Trade

0.28

0.15

0.34

0.07

1.00

Population

−0.48

−0.65

−0.41

0.31

−0.12

1.00