The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 FDI spillover and productivity: OLS (dependent variable = log output)
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 |