Table 7. Robustness check: results of... | Emerald Publishing

Table 7.

Robustness check: results of Tobit regression model

Variables	Model 1 China	Model 1 Russia
Cultural distance	−0.104	0.264
EF distance	−1.12**	–
CPI distance	–	−5.62**
CPI_home	2.40	–
EF_home	–	−4.66**
GDPgrowth_host	−2.23	−0.323
LnGEO_distance	−10.9	7.67
Cons	196.3	210.3**
Prob>chi	0.01	0.00
Sample size	253	391

Variables	Model 1 China	Model 1 Russia
Cultural distance	−0.104	0.264
EF distance	−1.12**	–
CPI distance	–	−5.62**
CPI_home	2.40	–
EF_home	–	−4.66**
GDPgrowth_host	−2.23	−0.323
LnGEO_distance	−10.9	7.67
Cons	196.3	210.3**
Prob>chi	0.01	0.00
Sample size	253	391

Note(s):

*p < 0.1; **p < 0.05; ***p < 0.01