Table 9 Definition of variables
From: FDI-growth and trade-growth relationships during crises: evidence from Bangladesh
Variables | Definition |
|---|---|
Exports | Total amount of goods and services exported in a year in constant 2010 million US$. |
Imports | Total amount of goods and services imported in a year in constant 2010 million US$. |
Capital stock | Amount of physical capital stock in a particular year in constant 2010 million US$. |
Gross fixed capital formation (GFCF) | The total expenditure for the acquisitions of new or existing fixed assets less the disposal of fixed assets in an economy in a year. Acquisitions can be done by the business sector, governments, and households. It is used as a constant 2010 million US$. |
Labor | Number of people aged 14–65 in a year. |
Total trade | The sum of exports and imports in a year in constant 2010 million US$. |
FDI | The amount of foreign direct investment inflow in a year in constant 2010 million US$. |
Broad Money (M3) | The total money supply in an economy that includes M2 as well as large time deposits, institutional money market funds, short-term repurchase agreements, and other larger liquid assets, which is measured in constant 2010 million US$. |
Crises | A dummy variable having a value of 1 for the years 2007, 2008, 2009, 2016, 2017, and 2020 and a value of 0 in other years. |
Real GDP | The gross domestic product in a year in constant 2010 million US$. |