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. ARE VOLATILITY EXPECTATIONS CHARACTERIZED BY REGIME SHIFTS? EVIDENCE FROM IMPLIED VOLATILITY INDICES2. THE USE OF EXTRANEOUS INFORMATION IN THE DEVELOPMENT OF A POLICY SIMULATION MODEL
3. The name is absent
4. Placenta ingestion by rats enhances y- and n-opioid antinociception, but suppresses A-opioid antinociception
5. Brauchen wir ein Konjunkturprogramm?: Kommentar
6. The name is absent
7. The name is absent
8. National urban policy responses in the European Union: Towards a European urban policy?
9. The name is absent
10. Prevalence of exclusive breastfeeding and its determinants in first 6 months of life: A prospective study