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

Table 5 Correlation matrix

From: The legacy of the reformasi: the role of local government spending on industrial development in a decentralized Indonesia

Variables

MAN

LCAP

FDI

DDI

GRDPPC

TRADE

MAN

1

     

LCAP

0.18***

1

    

FDIIND

0.46***

0.24***

1

   

DDIIND

0.33***

0.28***

0.47***

1

  

GRDPPC

0.28***

0.47***

0.46***

0.41***

1

 

TRADE

0.27***

0.14***

0.29***

0.24***

0.45***

1

INFLATION

− 0.03

− 0.01

− 0.21***

− 0.20***

− 0.09**

− 0.04

  1. Source: author
  2. *p < 0.1, **p < 0.05, ***p < 0.01