Regression results
| Variables | Whole sample | Without India | ||
|---|---|---|---|---|
| PLS | Fixed effects | PLS | Fixed effects | |
| 0.065*** (0.019) | −0.030** (0.015) | 0.777** (0.372) | −0.428** (0.209) | |
| 1.366*** (0.058) | 0.695** (0.327) | 1.821*** (0.328) | −0.824* (0.448) | |
| 2.402*** (0.271) | −0.292 (0.530) | 10.244*** (1.096) | −0.308 (0.820) | |
| 0.146 (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) |
| Diagnostics | R2: 0.912 | R2: 0.966 | R2: 0.734 | R2: 0.854 |
| R2(Adj): 0.907 | R2(Adj): 0.960 | R2(Adj): 0.716 | R2(Adj): 0.820 | |
| S.E.R: 0.717 | S.E.R: 0.469 | S.E.R:1.975 | S.E.R: 0.506 | |
| F-test: 172.606 | F-test: 155.536 | F-test: 40.212 | F-test: 25.288 | |
| P(F-test): 0.000 | P(F-test): 0.000 | P(F-test): 0.000 | P(F-test): 0.000 | |
| Variables | Whole sample | Without India | ||
|---|---|---|---|---|
| PLS | Fixed effects | PLS | Fixed effects | |
| 0.065*** (0.019) | −0.030** (0.015) | 0.777** (0.372) | −0.428** (0.209) | |
| 1.366*** (0.058) | 0.695** (0.327) | 1.821*** (0.328) | −0.824* (0.448) | |
| 2.402*** (0.271) | −0.292 (0.530) | 10.244*** (1.096) | −0.308 (0.820) | |
| 0.146 (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) |
| Diagnostics | ||||
| S.E.R: 0.717 | S.E.R: 0.469 | S.E.R:1.975 | S.E.R: 0.506 | |
| P( | P( | P( | P( | |
Note(s): The dependent variable is the natural logarithm of FDI inflows. Values in parentheses represent standard errors. , respectively
Source(s): Own elaboration