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Member States Correlations 2000-08

3b)

National external balance intra

with

 

Unit labour costs real (ULCr), difference between national and EU27

 

N =

 

24

 

 

lag ULCr

R

significance

R weighted

weight gdp

BE

2

-0.22

0.180

-0.01

2.9%

BG

 

CZ

8

-0.62

0.000

-0.01

1.3%

DK

0

-0.61

0.000

-0.01

1.9%

DE

0

-0.42

0.010

-0.08

19.7%

EE

8

-0.21

0.239

0.00

0.1%

IE

6

-0.33

0.058

0.00

1.3%

EL

4

-0.62

0.000

-0.01

2.3%

ES

0

0.07

0.694

0.01

9.6%

FR

5

-0.44

0.008

-0.07

16.8%

IT

0

0.15

0.368

0.02

13.4%

CY

5

-0.23

0.176

0.00

0.2%

LV

0

0.22

0.232

0.00

0.2%

LT

0

-0.38

0.023

0.00

0.3%

LU

0

-0.09

0.589

0.00

0.2%

HU

6

-0.36

0.039

0.00

0.8%

MT

3

-0.30

0.117

0.00

0.1%

NL

0

-0.69

0.000

-0.03

4.7%

AT

6

-0.35

0.041

-0.01

2.3%

PL

5

-0.23

0.246

-0.01

3.0%

PT

1

-0.40

0.016

-0.01

1.6%

RO

 

SI

0

-0.54

0.001

0.00

0.3%

SK

7

-0.28

0.117

0.00

0.6%

FI

0

-0.34

0.041

-0.01

1.5%

SE

 

UK

3

-0.48

0.003

-0.07

14.7%

 

EU 27

 

R median

 

-0.35

 

 

 

R weighted

 

 

 

-0.31

100.0%

 

sig (p value)=

 

MS

 

sig weighted in % gdp

0 -  0.009

 

 

8

 

47%

0.010 - 0.049

 

 

5

 

6%

 => 0.050

 

 

11

 

47%

 

EMU 11

 

R median

 

-0.34

 

 

 

R weighted

 

 

 

-0.27

100.0%

 

 

 

 

 

 

sig (p value)=

 

MS

 

sig weighted in %

0 -  0.009

 

 

3

 

57%

0.010 - 0.049

 

 

3

 

7%

 => 0.050

 

 

5

 

38%

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