Table A2

Robustness check of different combinations of types of sanction – FDI inflow

(1)(2)(3)(4)(5)(6)
VariablesFDI inflow
Arms0.360***0.368***0.397***0.301** 0.310**
(0.124)(0.122)(0.131)(0.126) (0.126)
Military-0.196**-0.200***-0.198***-0.127***-0.164*** 
(0.077)(0.077)(0.077)(0.075)(0.075) 
Trade -0.204***-0.225**-0.222*** -0.179**-0.145***
(0.085)(0.089)(0.088) (0.085)(0.085)
Financial 0.1340.1460.0750.1040.126
 (0.095)(0.099)(0.091)(0.100)(0.100)
Travel  -0.085-0.0570.102-0.061
  (0.159)(0.156)(0.154)(0.156)
Other   -0.135-0.168-0.113
   (0.132)(0.135)(0.133)
Unemployment_ratio-0.534-0.555-0.548-0.875-0.603-0.610
(0.873)(0.868)(0.868)(0.877)(0.878)(0.876)
Bank_branch1.813***1.793***1.795***1.828***1.772***1.832***
(0.506)(0.509)(0.509)(0.500)(0.508)(0.502)
Openess-0.288-0.278-0.276-0.313*-0.285-0.281
(0.179)(0.179)(0.179)(0.182)(0.180)(0.179)
Government_size-3.510**-3.560**-3.489**-3.155**-3.552**-3.125**
(1.481)(1.485)(1.485)(1.460)(1.495)(1.470)
Population_density0.101***0.102***0.102***0.101***0.101***0.092***
(0.031)(0.031)(0.031)(0.031)(0.031)(0.030)
Constant8.247***8.230***8.217***8.163***8.258***8.148***
(0.361)(0.359)(0.361)(0.356)(0.364)(0.356)
Observations1,3571,3571,3571,3571,3571,357
R-squared0.8930.8930.8930.8930.8930.893
Country FEsYESYESYESYESYESYES
Year FEsYESYESYESYESYESYES

Note(s): Robust standard errors in parentheses

***p < 0.01, **p < 0.05, *p < 0.1

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