Dependent variable: log(GDP)

Excluded

Chi-sq

Df

Prob.

Log(FDI)

7.542430

2

0.0230

Log(IND)

5.474710

2

0.0647

All

14.64720

4

0.0055

Dependent variable: log(FDI)

Excluded

Chi-sq

Df

Prob.

Log(GDP)

2.123782

2

0.3458

Log(IND)

6.431320

2

0.0401

All

11.40050

4

0.0224

Dependent variable: log(IND)

Excluded

Chi-sq

Df

Prob.

Log(GDP)

5.097708

2

0.0782

Log(FDI)

5.186310

2

0.0747

All

6.330441

4

0.0150