variable | Dependent variable: net receivables/sales | |||||
(1) | (2) | (3) | (4) | (5) | (6) | |
Macroprudential | Capital control | Foreign exchange intervention | ||||
FDI × USMP | −0.910*** | −0.669* | −2.517** | −2.267** | −0.941*** | −0.750** |
| (−2.620) | (−1.927) | (−2.467) | (−2.224) | (−2.845) | (−2.264) |
FDI × USMP × imapp | −0.143 | −0.159 |
|
|
|
|
| (−1.172) | (−1.299) |
|
|
|
|
FDI × USMP × ka |
|
| 2.990** | 2.688* |
|
|
|
|
| (1.984) | (1.786) |
|
|
FDI × USMP × fxi |
|
|
|
| −0.071 | −0.105* |
|
|
|
|
| (−1.216) | (−1.793) |
Constant | −31.728*** | −22.694*** | −21.026** | −14.759* | −44.318*** | −33.477*** |
| (−3.959) | (−2.799) | (−2.572) | (−1.775) | (−5.382) | (−3.989) |
Enterprise FE | yes | yes | yes | yes | yes | yes |
Time FE | yes | yes | yes | yes | yes | yes |
Control variables at the national level | no | yes | no | yes | no | yes |
Obs | 15,931 | 15,931 | 14,000 | 14,000 | 15,525 | 15,525 |
R-squared | 0.709 | 0.711 | 0.713 | 0.715 | 0.720 | 0.722 |