Table 1

Country-specific FMOLS results

CountryDummyWar × DependencyINFOilTOFDIYREMUNEMP
Armenia−0.29 ***0.93 ***0.99***0.32 ***0.17 ***0.11*−0.15*−0.15***0.10 ***
Azerbaijan−1.13 ***−0.94 **0.09***−0.15 ***0.19***0.18***−0.11 ***0.01−0.12
Belarus0.54 ***0.100.13**0.16 ***−0.31 ***0.13 ***−0.28 **−0.05−0.30 ***
Estonia−0.31 **−0.050.08 **0.051.22 ***0.10 ***0.06 ***−0.04−0.13 ***
Kazakhstan−0.07−0.51***0.10***−0.10**0.010.020.03−0.09 ***−0.04
Kyrgyzstan1.68***5.45***0.26***0.89 ***0.38 ***0.07 ***−0.14 ***−0.15 ***0.14 ***
Latvia−0.17***−0.15*0.07***0.43 ***0.00−0.030.03***−0.06***−0.12 ***
Lithuania−0.37***−0.57***0.05 *0.23 ***1.14 ***0.08 ***0.06***0.05 ***0.02 ***
Russia0.100.040.10**0.30**0.30**0.50 **0.13***0.00−0.08
Ukraine8.69***2.77 ***1.75***0.65 ***−1.52 ***0.19 ***0.01−0.22 ***0.23***

Note(s): Values represent coefficients

***p < 0.01, **p < 0.05 and *p < 0.10

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