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Table 11 Market openness principal components analysis/correlation

From: Renewable energy consumption in Africa: the role of economic well-being and economic freedom

Component

Eigenvalue

Difference

Proportion

Cumulative

Comp 1

1.78657

0.915964

0.5955

0.5955

Comp 2

0.870609

0.527791

0.2902

0.8857

Comp 3

0.342818

 

0.1143

1.0000

  1. No. obs = 704, no. of components = 3, trace = 3, rho = 1