The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Ethiopia’s FDI inflow from India and China: analysis of trends and determinants
Dependent variable | Explanatory variables | Expected sign | Source of data |
---|---|---|---|
FDI inflow* | 1.GDP growth rate | Positive | World Bank Country Statistics, 1960–2016 |
2. Labour availability | Positive | World Development Indicators | |
3. Trade openness | Positive | COMSTAT DATA HUB http://comstat.comesa.int/INTGRA2016/integration-indicators-2016?tsId=1000220 | |
4. Secondary school enrolment/WF quality | Positive | The World Bank | |
5. Per capita difference | Positive/negative | World Bank Country Statistics, 1960–2016 | |
6. OER | Positive/negative | Ethiopia Data Portal/World Development indicators http://ethiopia.opendataforafrica.org/mbhpan/world-development-indicators-wdi-november-2014 | |
7. Population size home-host | Positive | Ethiopia Data Portal/World Development indicators http://ethiopia.opendataforafrica.org/mbhpan/world-development-indicators-wdi-november-2014 | |
8. Market size of the host/country’s GDP | Positive | World Bank Country Statistics, 1960–2016 | |
9. Government size/consumption expenditure | Positive/negative | COMSTAT DATA HUB http://comstat.comesa.int/hsyndwf/socio-economic-database-of-africa-1960-2050 | |
10. Inflation, consumer price annual | Negative | The World Bank Data | |
11. Natural resource rent | Positive | Ethiopia Data Portal/World Development indicators http://ethiopia.opendataforafrica.org/mbhpan/world-development-indicators-wdi-november-2014 | |
12. Internet users | Positive | Source: Internet Live Stats (www.InternetLiveStats.com) Elaboration of data by International Telecommunication Union (ITU), World Bank, and United Nations Population Division. | |
13.GDP PC home-host | Positive/negat. | World Bank Country Statistics, 1960–2016 | |
14. Real effective exchange rate | Negative | ||
15. Real interest rate | Positive | World Development Indicators https://data.worldbank.org/indicator/FR.INR.RINR?locations=ET&view=chart | |
16. Political and institutional risk | Negative | The World Bank Data Catalogue https://datacatalog.worldbank.org/dataset/worldwide-governance-indicators | |
17. Rule of law | Positive | The World Bank Data Catalogue https://datacatalog.worldbank.org/dataset/worldwide-governance-indicators | |
18. Corruption | Negative | The World Bank Data Catalogue https://datacatalog.worldbank.org/dataset/worldwide-governance-indicators | |
19. Domestic credit/financial development | Positive | COMSTAT DATA HUB/WB http://comstat.comesa.int/cxaujud/world-development-indicators-wdi | |
20. Effectiveness | Positive | The World Bank Data Catalogue https://datacatalog.worldbank.org/dataset/worldwide-governance-indicators | |
21. Regulatory framework | Positive | The World Bank Data Catalogue https://datacatalog.worldbank.org/dataset/worldwide-governance-indicators | |
22. Et-growth rate | Positive | World Bank Country Statistics, 1960–2016 | |
23. Bilateral trade flow | Positive/neg’ | Ministry of Trade, Ethiopia | |
24. FDI openness | Positive | COMSTAT DATA HUB http://comstat.comesa.int/INTGRA2016/integration-indicators-2016?tsId=1000220 |