Skip to main content

Table 7 FMOLS estimation results

From: FDI-growth and trade-growth relationships during crises: evidence from Bangladesh

 

Spec. 1†

Spec. 2

Spec. 3

Spec. 4

Spec. 5

Spec. 6

Spec. 7

lnExport

0.121***

   

0.028**

  

(0.032)

   

(0.012)

  

lnImport

− 0.020

    

− 0.020

 

(0.030)

    

(0.013)

 

lnTrade

 

0.057***

 

0.052**

   
 

(0.021)

 

(0.023)

   

lnFDI

  

0.021***

   

0.012***

  

(0.001)

   

(0.001)

lnM3

0.085**

0.079**

0.073**

0.094***

0.100***

0.088**

0.076**

(0.034)

(0.032)

(0.036)

(0.034)

(0.034)

(0.033)

(0.036)

lnLabor

− 0.701

− 0.776

− 0.854

− 0.803

− 0.750

− 0.724

− 0.891

(0.595)

(0.581)

(0.696)

(0.592)

(0.549)

(0.611)

(0.688)

lnCapital

0.187***

0.218***

0.205***

0.222***

0.194v

0.207***

0.251***

(0.046)

(0.041)

(0.045)

(0.052)

(0.052)

(0.058)

(0.05)

Crises

− 0.010

− 0.006

− 0.006

0.677

0.465

0.563

0.857

(0.014)

(0.014)

(0.015)

(0.718)

(0.664)

(0.864)

(0.56)

Crises × lnExport

    

− 0.048

  
    

(0.067)

  

Crises × lnImport

     

− 0.056

 
     

(0.084)

 

Crises × lnTrade

   

− 0.063

   
   

(0.066)

   

Crises × lnFDI

      

− 0.094***

      

(0.031)

Constant

13.607***

14.492***

15.061***

14.98***

14.436***

13.869***

15.769***

(1.28)

(1.008)

(1.205)

(1.178)

(1.233)

(1.423)

(1.263)

R-squared

0.988

0.989

0.981

0.994

0.983

0.987

0.981

  1. ***p < .01, **p < .05, *p < .1. †Spec means specification. Standard errors are in parentheses. The number of observations in each estimated specification is 44 after adjustment