Table 5 Results of quantile regression based on OLS estimates
From: Does distance matter in foreign direct investment sub-national location choice? Evidence from China
Y: ln(FDIijt + 1) | Q(10%) | Q(25%) | Q(50%) | Q(75%) | Q(90%) | Q(99%) |
|---|---|---|---|---|---|---|
lnDISTijt | 0.542*** (4.66) | 0.642*** (7.98) | 0.695*** (11.95) | 0.763*** (12.66) | 0.863*** (11.68) | 0.991*** (7.19) |
CULTij | 1.890*** (5.18) | 0.913*** (3.62) | 0.483** (2.65) | −0.0387 (− 0.20) | − 0.420 (− 1.81) | − 0.546 (− 1.26) |
SIMIijt–1 | −3.280*** (− 4.72) | −2.375*** (− 4.94) | − 2.078*** (− 5.98) | −2.067*** (− 5.74) | − 1.834*** (− 4.15) | −1.253 (− 1.52) |
lnPOPit–1 | −0.017 (− 0.26) | 0.034 (0.75) | 0.088** (2.72) | 0.082* (2.45) | 0.068 (1.65) | 0.000 (0.00) |
lnPOPjt–1 | 0.861*** (5.86) | 0.448*** (4.41) | 0.148* (2.01) | −0.0315 (− 0.41) | −0.155 (− 1.66) | −0.323 (− 1.86) |
lnGDP_pcit–1 | 1.488*** (8.43) | 1.596*** (13.06) | 1.273*** (14.43) | 1.204*** (13.16) | 1.151*** (10.26) | 1.385*** (6.62) |
lnGDP_pcjt–1 | −1.200*** (− 10.71) | −1.148*** (− 14.79) | −1.364*** (−24.33) | −1.649*** (− 28.40) | −1.752*** (− 24.58) | −1.502*** (− 11.30) |
RDit–1 | 2.948*** (5.60) | 2.301*** (6.32) | 2.210*** (8.40) | 1.096*** (4.02) | −0.134 (− 0.40) | −0.497 (− 0.80) |
BAjt–1 | 0.214 (0.99) | 0.330* (2.22) | 0.624*** (5.80) | 0.683*** (6.13) | 0.861*** (6.29) | 0.809** (3.17) |
Observation | 3109 | 3109 | 3109 | 3109 | 3109 | 3109 |