Table 3. Model (a) results: emerging... | Emerald Publishing

Table 3.

Model (a) results: emerging market economies sample

Variables	(5)	(6)	(7)	(8)
Variables	FDI	FDI	FDI	FDI
CR_B		−13.664**	−14.758*	−12.082
D		−23.140***
D (Climate risk of home country is higher)			25.445***
D (Climate risk of host country is higher)				−19.321*
GDP	1,666.792***	1,748.886***	1,884.837***	1,665.881***
ADIST	−8.723**	−7.379**	−11.452***	−3.080
GDIST	−0.156***	−0.175***	−0.291***	−0.0648
COME	2,064.902***	1,947.602***	2,494.443***	3,836.729***
HDI	−1,356.279	−1,956.686	−4,585.017	24.764
EFI	179.064**	181.673***	218.027***	153.555***
Constant	−48,439.650***	−49,290.248***	−51,647.739***	−48,284.907***
Wald test (χ²)	613.29	638.51	434.56	277.93
Observations	9,168	9,168	4,714	4,454

Variables	(5)	(6)	(7)	(8)
Variables	FDI	FDI	FDI	FDI
CR_B		−13.664**	−14.758*	−12.082
D		−23.140***
D (Climate risk of home country is higher)			25.445***
D (Climate risk of host country is higher)				−19.321*
GDP	1,666.792***	1,748.886***	1,884.837***	1,665.881***
ADIST	−8.723**	−7.379**	−11.452***	−3.080
GDIST	−0.156***	−0.175***	−0.291***	−0.0648
COME	2,064.902***	1,947.602***	2,494.443***	3,836.729***
HDI	−1,356.279	−1,956.686	−4,585.017	24.764
EFI	179.064**	181.673***	218.027***	153.555***
Constant	−48,439.650***	−49,290.248***	−51,647.739***	−48,284.907***
Wald test (χ²)	613.29	638.51	434.56	277.93
Observations	9,168	9,168	4,714	4,454

Notes:

*Significance of 10%; **significance of 5%; ***significance of 1%