Country;"Normalized variable";;;;
"GDP (t-1)";"GFCF (t-1)";"X (t-1)";"M (t-1)"
Brazil;"PCI (t-1)";_;1.89***;3.93***;-6.06***
"GFCF (t-1)";0.52***;_;-2.07***;3.20***
"X (t-1)";0.25*;-0.48***;_;1.54***
China;"PCI (t-1)";_;2.01***;1.18***;-1.92***
"M (t-1)";-0.51**;1.04***;0.61***;_
India;"PCI (t-1)";_;0.53**;0.79***;-0.57***
"X (t-1)";1.25***;-0.66***;_;0.71***