Examining the Regional Aspect of Foreign Direct Investment to Developing Countries



Table 7: PcGets Results: Return and Risk Variables (Import and Export)

All countries

Africa

Asia

Latin America

GDP per capita

-0.001***
[0.0003]

Growth

0.431**

0.412***

1.330***

0.472***

[0.207]

[0.118]

[0.383]

[0.041]

Urban population

0.188***

-0.056***

[0.0669]

[0.003]

Earn

-0.695***

[0.197]

Ores

0.066***
[0.005]

Landarea

0.556**
[0.218]

Roads

-0.020**
[0.007]

Telephone

0.035***

0.034***

[0.012]

[0.003]

Import

0.0061

0.064***

0.037***

[0.042]

[0.011]

[0.005]

Inflation

-0.014***

-0.005***

-0.041***

-0.003***

[0.003]

[0.001]

[0.007]

[0.001]

Current account

-0.338***

-0.675***

0.171***

[0.105]

[0.166]

[0.035]

External debt

-2.553**

-0.747*

[1.117]

[0.340]

Change in exchange rate

-0.063**

-0.270***

-0.029***

[0.029]

[0.071]

[0.006]

Variance of the exchange rate

-0.227**

0.805**

0.161***

[0.111]

[0.361]

[0.021]

International reserves

-5.112***

[1.915]

Government expenditure

7.910***

[2.561]

Corruption

-3.454**

-1.557***

[1.372]

[0.191

Law

2.870**

[1.271]

Political rights

1.682**
[0.712]

Voice and accountability

7.202***
[1.759]

Number of observations

100

“43

35

^22

Adjusted R-squared

0.38____________

0.78

0.64

0.87______________

Note: See Table 6.

22



More intriguing information

1. El impacto espacial de las economías de aglomeración y su efecto sobre la estructura urbana.El caso de la industria en Barcelona, 1986-1996
2. The name is absent
3. The Works of the Right Honourable Edmund Burke
4. Human Resource Management Practices and Wage Dispersion in U.S. Establishments
5. Clinical Teaching and OSCE in Pediatrics
6. The name is absent
7. Migration and employment status during the turbulent nineties in Sweden
8. Who is missing from higher education?
9. Educational Inequalities Among School Leavers in Ireland 1979-1994
10. New issues in Indian macro policy.