Variable

Parameter

t-statistic

Sig.*

Adjusted R²

d-Statistic

Intercept

−2.575199

−5.495789

0.0027

0.768620

Foreign direct investment

1.709043

3.038884

0.0288

1.764497

Royalty and license fee paid

3.360568

2.780839

0.0389

Technology product imports

5.673318

3.226589

0.0233