Variable | Indicator | Mean | Std. | Min. | Max. | Obs |
dependent variables |
|
|
|
|
| |
lnfdi | OFDI total scale | 7.26 | 1.102 | 4.61 | 9.56 | 238 |
lnifdi | intensive margin | 6.20 | 0.715 | 4.61 | 8.58 | 238 |
exfdi1 | extended margin (industries) | 2.54 | 1.400 | 1 | 7 | 238 |
exfdi2 | extended margin (enterprises) | 3.63 | 2.514 | 1 | 14 | 238 |
independent variables |
|
|
|
|
| |
cor | corruption | 6.62 | 1.489 | 0.7 | 9.8 | 238 |
coc2 | Squared corruption | 46.09 | 16.000 | 0.49 | 96.04 | 238 |
control variables |
|
|
|
|
| |
lnmar | market size | 25.70 | 1.466 | 22.69 | 28.60 | 238 |
lnlab | labor cost | 8.12 | 1.242 | 5.81 | 10.92 | 238 |
ggdp | economic potential | 0.05 | 0.032 | -0.07 | 0.15 | 238 |
open | trade openness | 0.73 | 0.544 | 0.18 | 2.81 | 238 |
res | resource endowment | 12.76 | 13.262 | 0.00 | 60.12 | 238 |