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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