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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 1 FDI spillover and productivity: OLS (dependent variable = log output)

From: Foreign direct investment and productivity spillovers: a firm-level analysis of Bangladesh in comparison with Vietnam

Variables Bangladesh Vietnam
All firms Domestic firms All firms Domestic firms
(1) (2) (3) (4)
ln labor 0.2912*** 0.2963*** 0.3147*** 0.3205***
  (0.0151) (0.0154) (0.0155) (0.0174)
ln capital 0.0969*** 0.0971*** 0.1508*** 0.1570***
  (0.0083) (0.0084) (0.0118) (0.0131)
ln material 0.5050*** 0.5022*** 0.4742*** 0.4604***
  (0.0095) (0.0096) (0.0097) (0.0105)
Foreign_own 0.1124   0.0016  
  (0.1092)   (0.0599)  
Horizontal 0.8243 0.6937 0.0318 − 0.0118
  (0.5522) (0.5638) (0.1364) (0.1517)
Backward − 2.7010 − 2.3960 0.6011** 0.6827**
  (1.6716) (1.7049) (0.2965) (0.3316)
Forward − 0.7924 − 0.8475 0.3716 0.4014
  (1.1009) (1.1163) (0.2329) (0.2575)
Fin_obstacles − 0.0627** − 0.0609** − 0.0565* − 0.0562
  (0.0284) (0.0287) (0.0343) (0.0364)
Size 0.2472*** 0.2458*** 0.1599*** 0.1532***
  (0.0252) (0.0255) (0.0307) (0.0336)
Age − 0.0170 − 0.0188 − 0.0023 − 0.0089
  (0.0200) (0.0201) (0.0200) (0.0213)
Observations 2206 2151 1913 1677
R-squared 0.9193 0.9176 0.8668 0.8512
  1. 1. All standard errors are robust and reported in parentheses
  2. 2. Statistical significance: ***p < 0.01, **p < 0.05, *p < 0.1
  3. 3. Intercepts are not reported