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Table 3 Results on various estimates

From: Does distance matter in foreign direct investment sub-national location choice? Evidence from China

Y: ln(FDIijt + 1) OLS (Pooled) OLS (Random effect) Tobit Heckman PPML
lnDISTijt −3.032*** (− 28.64) −3.027*** (− 11.26) −3.776*** (− 10.28) −3.039*** (− 29.23) −3.057*** (− 28.98)
CULTij 1.387*** (5.23) 2.282* (2.35) 2.480 (1.88) 1.799*** (6.53) 1.611*** (5.83)
SIMIijt–1 −4.159*** (− 5.91) −6.635*** (− 6.08) −9.202*** (− 6.03) −4.944*** (− 7.53) −5.250*** (− 7.71)
lnPOPit–1 0.549*** (8.52) 0.313* (2.43) 0.381* (2.16) 0.126** (7.77) 0.476*** (7.63)
lnPOPjt–1 2.519*** (17.02) 2.267*** (8.19) 3.074*** (8.03) 2.383*** (17.56) 2.246*** (15.45)
lnGDP_pcit–1 1.788*** (15.84) 1.337*** (5.91) 1.631*** (5.23) 1.694*** (15.34) 1.681*** (15.19)
lnGDP_pcjt–1 3.606*** (17.87) 1.792*** (9.66) 2.379*** (9.25) 2.846*** (21.29) 2.452*** (14.37)
RDit–1 3.386*** (6.77) 4.084*** (3.84) 5.116*** (3.51) 3.631*** (7.29) 3.724*** (7.46)
BAjt–1 0.292 (1.30) 0.157 (0.66) 0.180 (0.54) 0.434*** (4.46) 0.793*** (3.65)
Constant −46.22*** (−14.22) −18.84*** (− 4.86) −29.56*** (−5.54) −35.54*** (−16.55) −30.35*** (−11.46)
Observation 4351 4351 4351 4351 4351
  1. Notes. Thestatistics are in parentheses * p < 0.1, ** p < 0.05, *** p < 0.01