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

Table 6: Analysis of multicollinearity of explanatory variables on GDP (Y1)

Variable Correlations(Y1 GDP1)
Х1 Х2 Х3 Х3 Y1
Х1 1.000000 0.434488 0.768959 0.488894 0.544881
Х2 0.434488 1.000000 0.777854 0.910353 0.225030
Х3 0.768959 0.777854 1.000000 0.732845 0.593151
Х4 0.488894 0.910353 0.732845 1.000000 0.084158
Y1 0.544881 0.225030 0.593151 0.084158 1.000000
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