Table 5: Correlation matrix.

VADCapitalEmp.Sch.Rel. sch. Exp.FemaleBlackHisp.OtherMetro

VAD1.0000
Capital0.7195 (0.0000)1.0000
Employment0.7678 (0.0000)0.3833 (0.0000)1.0000
Schooling0.5010 (0.0000)0.2884 (0.0000)0.2156 (0.0000)1.0000
Relative sch.0.4791 (0.0000)0.3071 (0.0000)0.2641 (0.0000)0.9328 (0.0000)1.0000
Experience−0.2361 (0.0000)−0.0743 (0.0083)−0.1262 (0.0000)−0.5811 (0.0000)−0.4767 (0.0000)1.0000
Female−0.0876 (0.0018)−0.2247 (0.0000)−0.0268 (0.3411)−0.1168 (0.0000)−0.1433 (0.0000)0.0931 (0.0006)1.0000
Black−0.0722 (0.0103)−0.0587 (0.0369)−0.0600 (0.0331)−0.3384 (0.0000)−0.3655 (0.0000)0.2054 (0.0000)0.1103 (0.0001)1.0000
Hispanic−0.1725 (0.0000)−0.1635 (0.0000)−0.1581 (0.0000)−0.2056 (0.0000)−0.2888 (0.0000)0.0065 (0.8122)0.4144 (0.0000)−0.0050 (0.8539)1.0000
Other0.0669 (0.0175)−0.0183 (0.5157)0.0219 (0.4372)0.2091 (0.0000)0.1397 (0.0000)−0.2551 (0.0000)0.3025 (0.0000)−0.0401 (0.1414)0.2999 (0.0000)1.0000
Metro0.2820 (0.0000)0.1058 (0.0002)0.1116 (0.0001)0.6152 (0.0000)0.6279 (0.0000)−0.2588 (0.0000)0.0600 (0.0279)−0.2736 (0.0000)0.0999 (0.0002)0.2303 (0.0000)1.0000

Numbers within parenthesis are P values.