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Table 8 DOLS 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

0.107**

   

0.078***

  

(0.051)

   

(0.024)

  

lnImport

− 0.077

    

0.004

 

(0.052)

    

(0.039)

 

lnTrade

 

0.088***

 

0.120***

   
 

(0.026)

 

(0.021)

   

lnFDI

  

0.012***

   

0.022***

  

(0.002)

   

(0.002)

lnM3

0.087**

0.084**

0.077*

0.079**

0.084*

0.095**

0.118***

(0.041)

(0.040)

(0.043)

(0.033)

(0.045)

(0.037)

(0.039)

lnLabor

− 0.765

− 0.698

− 0.778

− 0.521

− 0.364

− 0.519

− 0.381

(0.606)

(0.667)

(0.604)

(0.572)

(0.519)

(0.512)

(0.584)

lnCapital

0.185***

0.208***

0.196***

0.217***

0.221***

0.234***

0.210***

(0.054)

(0.057)

(0.051)

(0.048)

(0.057)

(0.069)

(0.062)

Crises

0.025

0.033

0.029

− 0.549

− 0.309

− 0.121

− 0.579

(0.020)

(0.020)

(0.025)

(0.495)

(0.376)

(0.663)

(0.492)

Crises × lnExport

    

− 0.034

  
    

(0.042)

  

Crises × lnImport

     

− 0.093

 
     

(0.059)

 

Crises × lnTrade

   

− 0.032

   
   

(0.086)

   

Crises × lnFDI

      

− 0.176**

      

(0.070)

Constant

14.817***

13.244***

14.188***

10.479***

7.953***

11.543***

10.064

(1.636)

(0.961)

(1.27)

(0.929)

(1.742)

(3.251)

(2.029)

R-squared

0.983

0.983

0.984

0.984

0.995

0.986

0.989

  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