The Impact of Competition, Subsidies, and Taxes on Production and Construction Cost: The Case of the Swedish Housing Construction Market

Table 3

Correlation coefficient.

	Prodc	Conc	Sub	VAT	Stock	Lerner	T rate	Inccap
Prodc	1.00
Conc	0.99	1.00
Sub	−0.68	−0.71	1.00
VAT	0.81	0.82	−0.77	1.00
Stock	0.28	0.28	−0.14	0.16	1.00
Lerner	−0.30	−0.28	−0.38	−0.14	−0.03	1.00
T rate	−0.58	−0.61	0.96	−0.68	−0.13	−0.48	1.00
Inccap	0.94	0.94	−0.82	0.88	0.24	−0.18	−0.73	1.00