Table 7

Summary of the parameter estimates of GTWR with fixed kernel for China's outward FDI stock and FDI flow

VariableChina's outward FDI Stock as dependent variableChina's outward FDI flow as dependent variable
Mean coefficientMean coefficient
201020112012201320142015201020112012201320142015
Intercept−315.27−415.44−491.85−544.51−573.82−492.44−52.29−76.55−93.05−102.42−110.23−109.32
SIZE−0.09−0.08−0.08−0.09−0.10−0.12−0.01−0.01−0.01−0.01−0.02−0.02
CUST324.16283.87320.19454.54684.78998.7058.1051.8756.3873.81102.42141.12
INFR3322.8321723.7936383.8750608.9162208.0054897.13−274.493542.426182.318228.759511.968154.39
ITRN−10730.504570.6514110.5320195.5921878.176891.75−2616.44585.332422.613319.423269.33927.15
LOGS−857.7621163.3735318.3646888.2755724.2744685.38−1431.503208.305926.137554.318199.335966.63
OVRL−8238.2114193.2728255.5437092.8740005.1722879.63−2432.812077.254702.406024.246109.943445.74
TIME25829.94−90401.40−170524.00−234875.00−276880.00−207378.0010039.08−13924.20−28775.00−38028.50−41553.90−29372.20
TRAC−4110.9615681.6729129.8339742.6146690.4735377.15−1658.682400.034877.846392.306955.984916.81
BRI−8296.249506.1923255.2235684.5545020.7836612.48−2125.591538.114017.265783.966700.485088.95
GDP10357.9911771.7813395.2715047.0616833.9219072.161739.281969.762236.312496.722760.513073.04
LINSHIP2.112.392.853.474.275.190.350.390.450.520.610.72
CONPORT4042.663315.452863.872563.642197.311378.36555.94428.01352.26315.30283.28204.50

Source(s): Authors' own work

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