From: Health expenditure convergence and the roles of trade and governance in Africa
Panel A: Governance indicators correlation matrix and principal component analysis results | |||||||
GE | PSAVT | CC | RQ | RL | VA | ||
GE | 1.000 | ||||||
PSAVT | 0.639 0.000 | 1.000 | |||||
CC | 0.847 0.000 | 0.677 0.000 | 1.000 | ||||
RQ | 0.903 0.000 | 0.672 0.000 | 0.823 0.000 | 1.000 | |||
RL | 0.904 0.000 | 0.754 0.000 | 0.886 0.000 | 0.885 0.000 | 1.000 | ||
VA | 0.682 0.000 | 0.598 0.000 | 0.709 0.000 | 0.727 0.000 | 0.783 0.000 | 1.000 | |
Principal component results | |||||||
Components | Eigenvalue | Difference | Proportion | Cumulative | |||
Component 1 | 4.834 | 4.380 | 0.806 | 0.806 | |||
Component 2 | 0.455 | 0.085 | 0.076 | 0.882 | |||
Component 3 | 0.370 | 0.188 | 0.062 | 0.943 | |||
Component 4 | 0.181 | 0.086 | 0.030 | 0.973 | |||
Component 5 | 0.095 | 0.030 | 0.016 | 0.989 | |||
Component 6 | 0.065 | 0.011 | 1.000 | ||||
Principal component eigenvector results | |||||||
Variables | Component 1 | Component 2 | Component 3 | Component 4 | Component 5 | Component 6 | Unexplained |
GE | 0.423 | -0.287 | -0.321 | 0.244 | -0.575 | 0.495 | 0 |
PVST | 0.359 | 0.897 | -0.125 | 0.148 | 0.080 | 0.151 | 0 |
CC | 0.419 | -0.100 | -0.175 | -0.841 | 0.231 | 0.153 | 0 |
RQ | 0.422 | -0.318 | -0.149 | 0.459 | 0.696 | -0.060 | 0 |
RL | 0.442 | -0.013 | -0.059 | -0.012 | -0.350 | -0.824 | 0 |
VA | 0.378 | -0.050 | 0.908 | 0.020 | -0.056 | 0.163 | 0 |
Panel B: ITC indicators correlation matrix and principal component analysis results | |||||||
NET | CEL | ||||||
NET | 1.000 | ||||||
CEL | 0.805 0.000 | 1.000 | |||||
Principal Component results | |||||||
Components | Eigenvalue | Difference | Proportion | Cumulative | |||
Component 1 | 1.805 | 1.609 | 0.902 | 0.902 | |||
Component 2 | 0.195 | 0.0977 | 1.0000 | ||||
Principal component eigenvector results | |||||||
Variables | Component 1 | Component 2 | Unexplained | ||||
NET | 0.7071 | 0.7071 | 0 | ||||
CEL | 0.7071 | -0.7071 | 0 |