The Multifaceted Sustainable Development and Export Intensity of Emerging Market Firms under Financial Constraints: The Role of ESG and Innovative Activity

Table 10

The correlation matrix of regressors with a strong relationship.

	Num_ empl	Num_ empl _sqr	Age	Age _sqr	Gdp_ln	Sizecode	Ind_ef	Ind_ps	Energy_control	Water_ control
Num_empl	1
Num_empl_sqr	0.910	1
Age	0.138	0.098	1
Age_sqr	0.124	0.094	0.940	1
Gdp_ln	0.011	−0.005	0.060	0.014	1
Sizecode	0.703	0.431	0.154	0.127	0.035	1
Ind_ef	−0.006	−0.017	−0.045	−0.070	0.690	0.014	1
Ind_ps	0.006	0.000	−0.033	−0.066	0.588	0.007	0.601	1
Energy_control	0.115	0.066	0.032	0.019	0.033	0.160	−0.014	0.085	1
Water_control	0.142	0.092	−0.005	−0.010	0.090	0.176	0.035	0.097	0.624	1

Source: authors’ calculations.