Table 1

FDI and the onset of intrastate conflict†

Dep. Var.: Intrastate conflictModel 1 estimates (S.E.)Model 2 estimates (S.E.)Model 3 estimates (S.E.)
FDI_1−4.041*** (0.972)  
FDI_(1 + 2) −0.072 (0.052) 
FDI_(1 + 2+3)  −0.003 (0.049)
FDI Stock_1−0.064 (0.272)−0.511** (0.362)−0.657** (0.408)
Trade_1−0.003 (0.011)0.001 (0.011)−0.004 (0.012)
Democracy_10.882*** (0.237)0.777*** (0.252)0.730*** (0.243)
Democracy2_1−0.040*** (0.010)−0.037*** (0.011)−0.035*** (0.012)
Regime Change−0.283 (0.469)−0.254 (0.501)−0.217 (0.521)
Population_11.843*** (0.566)1.476*** (0.390)1.452*** (0.426)
GDP Growth_10.021 (0.031)0.020 (0.030)0.008 (0.037)
Ethnic Fractionalization4.530*** (1.320)4.501*** (1.222)4.236*** (1.278)
Religious Fractionalization−1.601* (2.098)−1.027 (1.636)−0.742 (1.704)
Mountains0.418** (0.314)0.452*** (0.244)0.445*** (0.267)
West−4.845*** (2.089)−5.198*** (1.820)−4.942*** (1.874)
East Europe−1.197 (1.280)−2.133** (0.979)−1.542* (1.084)
Latin America−4.725*** (1.763)−3.680*** (1.315)−3.438*** (1.377)
Africa−2.152 (1.512)−0.914 (1.120)−0.914 (1.137)
Asia−3.398*** (1.470)−2.406*** (1.106)−2.531 (1.167)
Time0.694*** (0.155)0.616*** (0.151)0.593*** (0.144)
Time2−0.037*** (0.012)−0.032*** (0.011)−0.031*** (0.012)
Time30.001*** (0.000)0.001*** (0.000)0.001*** (0.000)
Constant−29.53*** (4.68)−25.18*** (4.00)−25.72*** (5.43)
N2,7382,5552,434
-2lnL775.64719.13688.64
χ2-statistic78.93***75.94***71.79***

Note(s): †Random effect logistic regression models with 2SRI; two-tailed tests; Residual terms are not reported here to save space; Bootstrap standard errors in parentheses; Percentile-based confidence intervals, ***p ≤ 0.01, **p ≤ 0.05, *p ≤ 0.10

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