Migrant Business Networks and FDI



Table 5 - Migrants networks and FDI - United Kingdom

Dependent variable:_____

____________________________Outward FDI____________________________

______________________________Inward FDI______________________________

Static

models

Dynamic model

Static

models

Dynamic model

Explanatory variables

Model 1

Model 2

Model 3

Model 4

Model 5

Model 6

Model 7

Model 8

Model 9

Model 10

l_TGDP

1,465 ***

0,777

0,527

0,571

-0,163

1,459 ***

1,422 ***

1,466 ***

1,849 ***

1,239 **

(0,499)

(0,559)

(0,531)

(0,562)

(0,431)

(0,479)

(0,533)

(0,509)

(0,506)

(0,584)

l_sq_GDPDIFF

-0,206 *

-0,112

-0,114

-0,119

-0,008

-0,218 **

-0,223 **

-0,199 *

-0,202 **

-0,175*

(0,112)

(0,116)

(0,110)

(0,112)

(0,078)

(0,099)

(0,103)

(0,100)

(0,096)

(0,099)

l_PCGDPDIFF

-0,151 ***

-0,161 ***

-0,123 **

-0,120 **

-0,026

0,141 ***

0,124 **

0,125 **

0,103 **

0,062

(0,049)

(0,054)

(0,052)

(0,054)

(0,045)

(0,047)

(0,052)

(0,050)

(0,048)

(0,059)

l_DIST

0,508 ***

0,474 **

0,311

0,312

-0,097

-1,227 ***

-1,152 ***

-0,971 ***

-1,055 ***

-0,580

(0,193)

(0,230)

(0,222)

(0,223)

(0,180)

(0,242)

(0,284)

(0,285)

(0,274)

(0,364)

l_OPENNESS

0,064

0,168

0,402

0,395

0,082

-2,051 ***

-1,994 ***

-1,235 **

-1,086 *

-0,291

(0,302)

(0,367)

(0,353)

(0,356)

(0,293)

(0,415)

(0,502)

(0,577)

(0,553)

(0,677)

DUMMYEU15

1,221 **

0,685

0,382

0,375

0,100

0,759 *

0,672

0,457

0,347

0,473

(0,484)

(0,526)

(0,505)

(0,508)

(0,409)

(0,441)

(0,448)

(0,440)

(0,422)

(0,508)

Dummyoecd

0,574

0,755

0,021

0,549

1,062

-1,564 **

-1,299 *

-1,287 *

13,726 **

10,376*

(0,465)

(0,565)

(0,571)

(2,214)

(1,854)

(0,663)

(0,708)

(0,680)

(5,627)

(6,046)

DUMMYLANG

1,109***

0,528

0,410

0,432

-0,111

2,031 ***

1,989 ***

1,146

1,011

0,696

(0,411)

(0,537)

(0,511)

(0,522)

(0,428)

(0,500)

(0,679)

(0,750)

(0,717)

(0,884)

DUMMYCOMMONWEALTH

-0,389

-0,822

-1,371 **

-1,407 **

-0,637

1,056 *

0,917

0,873

1,129*

0,500

(0,448)

(0,568)

(0,559)

(0,580)

(0,475)

(0,618)

(0,633)

(0,608)

(0,588)

(0,753)

Chrisshare

-0,019

-0,039

0,496

0,513

-0,452

-2,545 ***

-2,557 ***

-1,590 *

-1,632 *

-1,561

(0,459)

(0,572)

(0,561)

(0,568)

(0,455)

(0,744)

(0,810)

(0,874)

(0,834)

(0,999)

GOVERNANCE_Std

0,610

0,694

1,513

1,593

0,204

6,986 ***

6,922 ***

6,589 ***

6,877 ***

2,742

(0,894)

(1,098)

(1,062)

(1,115)

(0,920)

(1,490)

(1,558)

(1,506)

(1,441)

(1,852)

IMMIGRANTS

0,504 ***

0,012

(0,177)

(0,195)

LLOWSKILLEDJMMI

-0,779 **

-0,775 **

-0,324

-0,727 **

-0,681 **

-0,526

(0,307)

(0,309)

(0,241)

(0,305)

(0,292)

(0,334)

l_SKILLED_IMMI

1,552 ***

1,092 **

(0,372)

(0,444)

l_SKILLED_IMMI_OECD

1,513 ***

0,360

0,944 **

0,629

(0,406)

(0,340)

(0,427)

(0,504)

Lskilledjmmlnonoecd

1,575 ***

0,471

2,508***

1,769 **

(0,385)

(0,326)

(0,676)

(0,738)

Time dummies

yes

yes

yes

yes

yes

yes

yes

yes

yes

yes

const

-12,913

-10,786

-8,721

-9,484

3,981

5,493

5,429

-3,353

-22,882 *

-16,052

(8,161)

(8,723)

(8,277)

(8,873)

(7,240)

(8,924)

(10,282)

(10,560)

(12,424)

(13,548)

Adjusted R2

0,442

0,465

0,521

0,517

0,776

0,743

0,725

0,746

0,769

0,802

Number of observations

149

119

119

119

78

85

79

79

79

51

Notes: *** 1%, ** 5%, * 10% significant level; heteroskedasticity robust standard errors are in the parentheses.

The variable l_PCGDPDIFF is the positive difference (zero otherwise) between the sending and the receiving country.



More intriguing information

1. Party Groups and Policy Positions in the European Parliament
2. The Tangible Contribution of R&D Spending Foreign-Owned Plants to a Host Region: a Plant Level Study of the Irish Manufacturing Sector (1980-1996)
3. FASTER TRAINING IN NONLINEAR ICA USING MISEP
4. Creating a 2000 IES-LFS Database in Stata
5. The name is absent
6. Großhandel: Steigende Umsätze und schwungvolle Investitionsdynamik
7. EU Preferential Partners in Search of New Policy Strategies for Agriculture: The Case of Citrus Sector in Trinidad and Tobago
8. Tissue Tracking Imaging for Identifying the Origin of Idiopathic Ventricular Arrhythmias: A New Role of Cardiac Ultrasound in Electrophysiology
9. The name is absent
10. Ability grouping in the secondary school: attitudes of teachers of practically based subjects