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Edmund Malesky
32
Appendix 1: Factor loadings and variance explained for transactions costs components Component 1: Inspections and Senior Management Days Component 2: Waiting Periods
Rotated Component Matrix
a
.903
-7.96E-02
.900
-1.25E-02
-7.56E-02
.658
2.991E-02
.746
-3.87E-02
.480
total inspection hours
total inspection time
land wait sum of all agencies
how many days wait to get bank loan
length of time to get licenses and permits
1
2
Component
Extraction Method: Principal Component Analysis. Rotation Method: Varimax with Kaiser Normalization.
Rotation converged in 3 iterations.
a.
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