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Table 5 Correlation coefficients across dimensions of modernity

From: Formal sector subcontracting and informal sector employment in Indian manufacturing

  Capital per worker Location Hired workers Qualified owner Modernity index
Capital per worker 1     
Location 0.644 1    
Hired workers 0.702 0.587 1   
Qualified owner 0.474 0.381 0.416 1  
Modernity index 0.873 0.813 0.838 0.703 1
  1. Note: N = 258. Unit of observation is the state-industry. All variables are in logs and defined as described in the main text.