Table 5. Model (b) results: full sample... | Emerald Publishing

Table 5.

Model (b) results: full sample

Variables	(9)	(10)	(11)	(12)
Variables	OFDI1	OFDI2	OFDI3	OFDI4
CR_A	−0.00218**	0.00184***	0.000432	−8.82e-05
CPI	0.00221	0.00314	−0.00681**	0.00146
GDP	0.00902	0.769**	−0.0849	−0.693
HDI	4.575	−4.599**	0.638	−0.613
TRADE	−0.235	−0.0144	0.321***	−0.0718
U	0.0127	0.00812	0.00555	−0.0264***
EFI	−0.00692	0.000940	0.00528	0.000701
Constant	−1.533	−13.77**	0.901	15.41
Years	Yes	Yes	Yes	Yes
Countries	Yes	Yes	Yes	Yes
R-squared	0.314	0.443	0.350	0.292
N	493	493	493	493

Variables	(9)	(10)	(11)	(12)
Variables	OFDI1	OFDI2	OFDI3	OFDI4
CR_A	−0.00218**	0.00184***	0.000432	−8.82e-05
CPI	0.00221	0.00314	−0.00681**	0.00146
GDP	0.00902	0.769**	−0.0849	−0.693
HDI	4.575	−4.599**	0.638	−0.613
TRADE	−0.235	−0.0144	0.321***	−0.0718
U	0.0127	0.00812	0.00555	−0.0264***
EFI	−0.00692	0.000940	0.00528	0.000701
Constant	−1.533	−13.77**	0.901	15.41
Years	Yes	Yes	Yes	Yes
Countries	Yes	Yes	Yes	Yes
R-squared	0.314	0.443	0.350	0.292
N	493	493	493	493

Notes:

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