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The Impact Of The Oil Market On The Socio-Economic Development Of Russia

Table 10: Multicollinearity analysis of explanatory variables on economic growth (Y2)

Variable Correlations(Y2 Economic growth)
Х1 Х2 Х3 Х4 Y2
Х1 1.000000 0.434488 0.768959 0.488894 0.039812
Х2 0.434488 1.000000 0.777854 0.910353 -0.191246
Х3 0.768959 0.777854 1.000000 0.732845 -0.085515
Х4 0.488894 0.910353 0.732845 1.000000 -0.070494
Y2 0.039812 -0.191246 -0.085515 -0.070494 1.000000
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