Table 2 Correlation matrix for real gold output (go), real gold price (cp), and real GDP per capita (y)
From: The relevance of domestic and foreign factors in driving Ghana’s business cycle
go | gp | y | |
|---|---|---|---|
go | 1.000000 | \(-\,\)0.116287 | 0.075447 |
gp | \(-\,\)0.116287 | 1.000000 | 0.163080 |
y | 0.075447 | 0.163080 | 1.000000 |