Table 1 Variable description and source
From: Does distance matter in foreign direct investment sub-national location choice? Evidence from China
Variable | Description | Source |
|---|---|---|
Dependent variable | ||
FDI | Logarithm of annual FDI inflow from a home country to a host province (USD10,000) | China Statistical Yearbook |
Independent variables of home countries | ||
GDP_pc | Logarithm of GDP per capita (constant 2010 USD) | World Bank |
POP | Logarithm of midyear estimates of all residents including legal status and citizenship | World Bank |
RD | Medium- and high-tech industry (% manufacturing value added) | United Nations Industrial Development Organization, |
Competitive Industrial Performance database | ||
Independent variables of host regions | ||
GDP_pc | Logarithm of real GDP per capita (constant 2010 RMB) | China Statistical Yearbook |
POP | Logarithm of total population at the end of year | China Statistical Yearbook |
BA | Takes the value of 1 if the region has duty free port, and 0 otherwise | Manual collections by the author |
Linkage variables | ||
DIST | Logarithm of direct distance between the capital cities of pair regions | Google maps, and calculations by the author |
CULT | Takes the value of 1 if the region ever had a business contact with foreign firms from 1840 to 1978, and 0 otherwise | Manual collections by the author |
SIMI | An index measuring the economic similarity of a pair of regions | Calculated by the author |