The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 Unconditional correlation
From: Dynamic correlation pattern amongst alternative energy market for diversification opportunities
| Variables | World | Developed | Emerging | EU | BRIC | G7 |
|---|---|---|---|---|---|---|
| Pre-GFC | ||||||
| World | 1* | |||||
| Developed | 0.9308 | 1* | ||||
| Emerging | 0.2553 | 0.1056 | 1* | |||
| EU | 0.7732 | 0.8016 | 0.0931 | 1* | ||
| BRIC | 0.1807 | 0.0852 | 0.6013 | 0.0720 | 1* | |
| G7 | 0.6473 | 0.6956 | 0.0600 | 0.5258 | 0.0478 | 1* |
| Post-GFC | ||||||
| World | 1* | 0.9649 | 0.4558 | 0.8160 | 0.3747 | 0.7185 |
| Developed | 1* | 0.2704 | 0.8394 | 0.2646 | 0.7540 | |
| Emerging | 1* | 0.2301 | 0.6846 | 0.2082 | ||
| EU | 1* | 0.2231 | 0.5850 | |||
| BRIC | 1* | 0.1907 | ||||
| G7 | 1* | |||||