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

Table 24: Analysis of multicollinearity of explanatory variables for oil production with gas condensate (Y5)

Variable Correlations(Y5 Oil Production 1)
Х1 Х2 Х3 Х4 Y4
Х1 1.000000 0.434488 0.768959 0.488894 0.505128
Х2 0.434488 1.000000 0.777854 0.910353 0.207993
Х3 0.768959 0.777854 1.000000 0.732845 0.518634
Х4 0.488894 0.910353 0.732845 1.000000 0.044169
Y5 0.505128 0.207993 0.518634 0.044169 1.000000
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