Table V. Services FDI and disasters,... | Emerald Publishing

Table V.

Services FDI and disasters, sample of “all countries”

	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
Variables	Contemp. metrological disasters	Lagged metrological disasters	Contemp. climate disasters	Lagged climate disasters	Contemp. hydrological disasters	Lagged hydrological disasters	Contemp. geophysical disasters	Lagged geophysical disasters
Lag, ln(FDI Services	0.776***	0.720***	0.660***	0.734***	0.746***	0.648***	0.396***	0.523***
Share of GDP)	(0.0783)	(0.116)	(0.110)	(0.0850)	(0.100)	(0.181)	(0.117)	(0.139)
Growth rate, GDP per	−2.147	−2.360	−6.773*	−2.975	−0.247	1.501	−2.011	−0.236
cap, 2005 US$, purchasing power parity	(3.046)	(3.597)	(3.834)	(3.308)	(2.322)	(1.822)	(3.555)	(3.118)
Natural Resources	0.00642	−0.00816	0.0272**	0.00642	0.00328	−0.00235	0.0171	−0.00580
Rent, share of GDP	(0.0112)	(0.00994)	(0.0109)	(0.00837)	(0.00696)	(0.00841)	(0.0118)	(0.0102)
Democratic	−0.00103	−0.0417	0.0644	−0.0136	0.0280	0.00878	−0.0610	−0.0366
Accountability	(0.0321)	(0.0326)	(0.0573)	(0.0483)	(0.0383)	(0.0324)	(0.0441)	(0.0438)
Ln (disaster	−0.0700	−0.0380	−0.177**	−0.106	−0.0878	−0.174	−0.0656	−0.102
occurrence)	(0.0504)	(0.0536)	(0.0855)	(0.0852)	(0.0847)	(0.116)	(0.0756)	(0.110)
Constant	−0.818	−0.533	−2.856***	−2.128	−1.641***	−1.677*	−1.764***	−1.050
	(0.689)	(0.805)	(0.776)	(1.629)	(0.528)	(0.924)	(0.488)	(0.675)
Observations	385	368	299	282	521	492	181	192
Number of countries	67	65	60	62	65	66	33	38
AR(2)	0.909	0.346	0.441	0.204	0.214	0.214	0.620	0.663
Sargan χ²	155.06***	91.92***	118.85***	133.43***	68.55***	136.78 ***	116.59***	148.22***

	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
Variables	Contemp. metrological disasters	Lagged metrological disasters	Contemp. climate disasters	Lagged climate disasters	Contemp. hydrological disasters	Lagged hydrological disasters	Contemp. geophysical disasters	Lagged geophysical disasters
Lag, ln(FDI Services	0.776***	0.720***	0.660***	0.734***	0.746***	0.648***	0.396***	0.523***
Share of GDP)	(0.0783)	(0.116)	(0.110)	(0.0850)	(0.100)	(0.181)	(0.117)	(0.139)
Growth rate, GDP per	−2.147	−2.360	−6.773*	−2.975	−0.247	1.501	−2.011	−0.236
cap, 2005 US$, purchasing power parity	(3.046)	(3.597)	(3.834)	(3.308)	(2.322)	(1.822)	(3.555)	(3.118)
Natural Resources	0.00642	−0.00816	0.0272**	0.00642	0.00328	−0.00235	0.0171	−0.00580
Rent, share of GDP	(0.0112)	(0.00994)	(0.0109)	(0.00837)	(0.00696)	(0.00841)	(0.0118)	(0.0102)
Democratic	−0.00103	−0.0417	0.0644	−0.0136	0.0280	0.00878	−0.0610	−0.0366
Accountability	(0.0321)	(0.0326)	(0.0573)	(0.0483)	(0.0383)	(0.0324)	(0.0441)	(0.0438)
Ln (disaster	−0.0700	−0.0380	−0.177**	−0.106	−0.0878	−0.174	−0.0656	−0.102
occurrence)	(0.0504)	(0.0536)	(0.0855)	(0.0852)	(0.0847)	(0.116)	(0.0756)	(0.110)
Constant	−0.818	−0.533	−2.856***	−2.128	−1.641***	−1.677*	−1.764***	−1.050
	(0.689)	(0.805)	(0.776)	(1.629)	(0.528)	(0.924)	(0.488)	(0.675)
Observations	385	368	299	282	521	492	181	192
Number of countries	67	65	60	62	65	66	33	38
AR(2)	0.909	0.346	0.441	0.204	0.214	0.214	0.620	0.663
Sargan χ²	155.06***	91.92***	118.85***	133.43***	68.55***	136.78 ***	116.59***	148.22***

Notes:

Robust standard errors in parentheses; ***p < 0.01; **p < 0.05; * p < 0.1