remittances_in_the_context_of_covid_19_africa_120620

Table A2. Correlation Matrix of relative (gap) basic indicators Dimension

Var.s RE.1 RE.2 RE.3 CI.1 CI.2 CI.3 CI.4 FI.1 FI.2 FI.3

Dependence on remittances

RE.1 1.000 RE.2 0.284 1.000 RE.3 0.507 0.683 1.000

Economic vulnerability

CI.1

- 0.092

- 0.253 1.000

0.047

CI.2 - - 0.025 0.097 0.116 1.000 CI.3 0.095 0.136 0.184 0.076 0.459 1.000 CI.4 0.273 0.189 0.284 0.146 0.332 0.631 1.000 0.088

Financial exclusion

FI.1 -

- 0.062 0.000

- 0.097 0.634 0.462 0.385 1.000

0.021

FI.2 -

- 0.096

- 0.010 0.047 0.743 0.430 0.500 0.814 1.000

0.014

FI.3

0.150 0.183 0.223 -

0.058 0.410 0.237 0.294 0.284 0.427 1.000

Note: The reported variables are normalised from 0 top 1. Source: own elaboration of Afrobarometer data (2016-2018 wave)

32