| (OLS) | (FE) | (FE) |
VARIABLES | di | di | di |
lagdi | 0.0401 | 0.134*** | 0.0544 |
| (0.103) | (0.0446) | (0.0436) |
lagtrade | 0.945** | 1.010** | 0.628 |
| (0.402) | (0.453) | (0.543) |
lagtrade_square | −0.0194*** | −0.0244*** | −0.0188*** |
| (0.00578) | (0.00642) | (0.00705) |
lagtrade_cubic | 7.70e-05*** | 0.000106*** | 8.11e-05*** |
| (2.46e-05) | (2.66e-05) | (2.83e-05) |
lagfdi | −1.264** | −1.263*** | 0.0644 |
| (0.502) | (0.462) | (0.490) |
Angola |
|
| 1.037*** |
|
|
| (0.260) |
Botswana |
|
| 0.684*** |
|
|
| (0.210) |
Burundi |
|
| 0.295 |
|
|
| (0.504) |
Cameroon |
|
| 0.852*** |
|
|
| (0.309) |
The Central African Rep. |
|
| 1.190*** |
|
|
| (0.321) |
Chad |
|
| 0.901*** |
|
|
| (0.183) |
Congo |
|
| 0.548*** |
|
|
| (0.148) |
Equatorial Guinea |
|
| 2.284*** |
|
|
| (0.431) |
Ethiopia |
|
| 1.116 |
|
|
| (1.103) |
Gabon |
|
| 0.492** |
|
|
| (0.246) |
Kenya |
|
| 0.635** |
|
|
| (0.300) |
Madagascar |
|
| 0.589** |
|
|
| (0.233) |
Mauritius |
|
| 0.664*** |
|
|
| (0.201) |
Mozambique |
|
| 0.603*** |
|
|
| (0.166) |
South Africa |
|
| 0.170 |
|
|
| (0.276) |
Tanzania |
|
| 0.169 |
|
|
| (0.285) |
Uganda |
|
| 0.588 |
|
|
| (0.425) |
Zambia |
|
| −0.693 |
|
|
| (1.561) |
Zimbabwe |
|
| 0.499*** |
|
|
| (0.184) |
Trade-FDI combined effect | 0.0258*** | 0.0301*** |
|
| (0.00669) | (0.00464) |
|
Constant | 0.868 | 2.515 | −19.52 |
| (12.49) | (12.44) | (12.91) |
|
|
|
|
Observations | 513 | 494 | 525 |
R-squared | 0.084 |
|
|
Number of country |
| 19 | 19 |