Does infrastructure increase exports and reduce trade deficit? Evidence from selected South Asian countries using a new Global Infrastructure Index

Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 11 Pearson correlation coefficients of the selected variables

Variables	EXY	TRD	PDPG	HC	EXR	TINF	CINF	EINF	FINF	GINF
LnEXY	1.00
lnTRD	− 0.68	1.00
LnPGDP	0.11	− 0.18	0.28	1.00
LnHC	0.10	− 0.13	0.16	0.60	1.00
lnEXR	0.99	− 0.69	0.11	0.08	0.08
LnTINF	0.50	− 0.69	0.16	− 0.03	0.06	1.00
lnCINF	0.08	− 0.01	0.13	0.65	0.27	− 0.19	1.00
lnEINF	0.34	0.00	0.17	0.15	0.07	− 0.37	0.22	1.00
lnFINF	0.63	− 0.59	0.35	0.31	− 0.03	0.69	0.17	0.11	1.00
lnGINF	0.52	− 0.65	0.33	0.26	0.06	0.86	0.13	− 0.08	0.93	1.0