Table 1

Regression results

VariablesWhole sampleWithout India
PLSFixed effectsPLSFixed effects
CRi,t0.065*** (0.019)−0.030** (0.015)0.777** (0.372)−0.428** (0.209)
MSi,t1.366*** (0.058)0.695** (0.327)1.821*** (0.328)−0.824* (0.448)
OPENi,t2.402*** (0.271)−0.292 (0.530)10.244*** (1.096)−0.308 (0.820)
INFLi,t0.146 (0.107)0.118*** (0.028)0.100 (0.306)0.090* (0.048)
C−23.911 (2.384)4.199 (9.433)84.732 (11.799)21.690 (12.286)
DiagnosticsR2: 0.912R2: 0.966R2: 0.734R2: 0.854
R2(Adj): 0.907R2(Adj): 0.960R2(Adj): 0.716R2(Adj): 0.820
S.E.R: 0.717S.E.R: 0.469S.E.R:1.975S.E.R: 0.506
F-test: 172.606F-test: 155.536F-test: 40.212F-test: 25.288
P(F-test): 0.000P(F-test): 0.000P(F-test): 0.000P(F-test): 0.000

Note(s): The dependent variable is the natural logarithm of FDI inflows. Values in parentheses represent standard errors. *=p<0.1,**=p<0.05,***=p<0.01, respectively

Source(s): Own elaboration

or Create an Account

Close Modal
Close Modal