# Table 2 Correlation coefficient matrix

Correlation Coefficient PPP EXP NC NTH DA DTH LDT NTH BED NV NI UB ADH
PPP 1.000 .561a .403a .716a .337a .169a .216a .195a .492a .223a -.215a -.209a .207a
EXP 0.561a 1.000 .355a .703a .294a -.384a -.143b -.196a -.117b -.204a -.136b -.216a -.204a
NC 0.403a .355a 1.000 .532a .741a -.185a .215a 0.039 .131b -.229a -0.024 -.233a -.200a
NTH 0.716a .703a .532a 1.000 .320a 0.041 -0.062 -.210a 0.098 .187a -.274a -.314a .150a
DA .337a .294a .741a .320a 1.000 -.197a .166a 0.034 .113b -.325a 0.078 -.135b -.289a
DTH .169a -.384a -.185a 0.041 -.197a 1.000 -0.037 0.039 .351a .660a -0.040 0.090 .587a
LDT .216a -.143b .215a -0.062 .166a -0.037 1.000 .887a .598a -.215a 0.111 -0.023 -.141b
NTH .195a -.196a 0.039 -.210a 0.034 0.039 .887a 1.000 .636a -.185a .246a 0.080 -.130b
BED .492a -.117b 0.131b 0.098 .113b .351a .598a .636a 1.000 .262a .160a .164a .319a
NV .223a -.204a -.229a .187a -.325a .660a -.215a -.185a .262a 1.000 -0.103 .294a .958a
NI -.215a -.136b -0.024 -.274a 0.078 -0.040 0.111 .246a .160a -0.103 1.000 .774a -.115b
UB -.209a -.216a -.233a -.314a -.135b 0.090 -0.023 0.080 .164a .294a .774a 1.000 .326a
ADH .207a -.204a -.200a .150a -.289a .587a -.141b -.130b .319a .958a -.115b .326a 1.000
1. asignificant at the 5% level; b significant at the 10% level