Variables

Central

Africa

West Africa

Southern

Africa

East

Africa

FDI(−1)

0.1517084

0.6784635***

0.7909268***

0.6043848***

(1.46)

(34.37)

(11.69)

(6.44)

OR

−0.1818969

−0.041852

10.56503***

0.0562819

(−1.18)

(−1.06)

(5.21)

(1.58)

MR

−0.296029**

−0.0231491

0.0607558

0.057594

(−2.27)

(−0.60)

(1.64)

(0.38)

FR

0.1128436

0.2984673

0.1921505

0.0088967

(0.89)

(1.17)

(1.59)

(0.33)

GDP_H

−0.0001925

0.0011469

0.0000712

−0.0007021

(−1.02)

(1.15)

(0.49)

(−1.51)

DO

0.2137041***

−0.0036007

0.0141182*

−0.0152897

(4.34)

(−0.16)

(2.36)

(−1.02)

DUMMY

−0.789515

0.1097129

−1.460566

−0.4063026