Evidence on the Determinants of Foreign Direct Investment: The Case of Three European Regions



Table 6: CATALUNYA

Dependent variable: FDIP

Method of estimation: LSDV (with White correction)

Fixed effect by sector

Values in brackets: Standard Error

1________________

2___________

3___________

4__________

5____________

6____________

7___________

8____________

C

-71.24

(42.83)

-27.85***

(8.19)

-27.32

(16.39)

-16.76***

(6.17)

-31.74***

(9.55)

-19.54**

(5.60)

-14.74**

(5.74)

-6.44

(10.72)

Daverage

10.02**
(4.73)

10.24**

(3.95)

9.51**

(4.15)

11.25***
(4.09)

10.31***
(4.01)

10..06**

(1.55)

10.15**
(3.75)

11.90***

(4.35)

rproduc

2.00*

(1.12)

0.23

(0.42)

0.12

(0.42)

0.21

(0.43)

0.24

(0.41)

0.23

(0.41)

0.065

(0.44)

ULBV

62.54

(39.42)

-7.84

(11.88)

GDPP

1.49***
(0.50)

1.95***
(0.74)

EXPORTP

3.40***

(1.14)

5.00

(3.62)

FBCFP

-5.67

(5.59)

HCP

472.92***

(148.43)

303.30

(298.90)

HRSTV

1.17***
(0.355)

RDP

69896***

(24441)

Adj R-
squared_______

0.45

0.57

0.55

0.59

0.57

0.56

0.58

0.60

N. Obs._______

42

48       ~

42

48         ^

48         '

48       ~~

48      ~

48        ^

***Level of significance 1 %, ** 5%. *10%

Table 7: BADEN-WÜRTTEMBERG

Dependent variable: FDIP

Method of estimation: LSDV (with White correction)

Fixed effect by sector

Values in brackets: Standard Error

1_________________

2__________

3_____________

4__________

5____________

6___________

7__________

8_____________

C

0.412***
(0.05)

-0.51***

(0.17)

-0.55***

(0.19)

-0.61***

(0.20)

-0.54*

(0.27)

-0.49

(0.44)

-0.52*

(0.18)

-0.35

(0.37)________

Daverage

0.13***
(0.02)

0.13***
(0.02)

0.13***
(0.02)

0.13***
(0.02)

0.13***
(0.02)

0.13***
(0.03)

0.13***

(0.02)________

rproduc

0.0003

(0.0006)

ULBV

-0.49***

(0.14)

- 0.26**

(0.10)

-0.27**

(0.10)

-0.27**

(0.10)

-0.27**

(0.10)

-0.27***

(0.10)

-0.25**

(0.12)

-0.27***

(0.09)________

GDPP

0.02***

(0.005)

0.03***

(0.007)

0.05**
(0.02)

0.037
(0.033)

0.04

(0.03)

0.02**
(0.01)

0.02**

(0.009)

EXPORTP

9.81 E-06
(2.18 E-06)

FBCFP

-0.07

(0.08)

-0.07

(0.09)

-0.07

(0.09)

HCP

-2.21

(7.25)

-3.14

(6.75)

HRSTV

0.003
(0.008)

RDP

118.8

(330.6)

Adj R-
squared______

0.67

0.89

0.89

0.89

0.89

0.89

0.87

0.89

N. Obs______

35        ^

35        ^

35      ~

35       ~

35         ^

35        ^

35        ^

35     ~

***Level of significance 1 %, ** 5%. *10%

17



More intriguing information

1. Cross border cooperation –promoter of tourism development
2. The name is absent
3. Return Predictability and Stock Market Crashes in a Simple Rational Expectations Model
4. The Role of Land Retirement Programs for Management of Water Resources
5. Environmental Regulation, Market Power and Price Discrimination in the Agricultural Chemical Industry
6. Towards a Strategy for Improving Agricultural Inputs Markets in Africa
7. Auctions in an outcome-based payment scheme to reward ecological services in agriculture – Conception, implementation and results
8. The name is absent
9. A Pure Test for the Elasticity of Yield Spreads
10. Update to a program for saving a model fit as a dataset