The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 FDI spillover and productivity: fixed effect (dependent variable = log output)
Variables | Bangladesh | Vietnam | |||
|---|---|---|---|---|---|
All firms | Domestic firms | All firms | Domestic firms | ||
(1) | (2) | (3) | (4) | ||
ln labor | 0.3423*** | 0.3524*** | 0.2257*** | 0.2064*** | |
(0.0755) | (0.0772) | (0.0364) | (0.0414) | ||
ln capital | 0.1667*** | 0.1933*** | 0.0750*** | 0.0669*** | |
(0.0494) | (0.0500) | (0.0218) | (0.0236) | ||
ln material | 0.2367*** | 0.2160*** | 0.4628*** | 0.4632*** | |
(0.0396) | (0.0406) | (0.0235) | (0.0257) | ||
Foreign_own | 0.4294 | − 0.2189 | |||
(0.4330) | (0.2186) | ||||
Horizontal | 12.3199*** | 14.0693*** | 0.1364 | 0.0908 | |
(4.0080) | (4.1946) | (0.3325) | (0.3485) | ||
Backward | − 18.0535 | − 22.8398 | 1.1112** | 1.4231** | |
(13.6528) | (13.8009) | (0.6935) | (0.7242) | ||
Forward | − 2.7541 | − 4.0131 | 0.8372 | 0.8502 | |
(7.7440) | (8.0246) | (0.6351) | (0.6622) | ||
Fin_obstacles | − 0.0625 | − 0.0509 | − 0.0074 | − 0.0020 | |
(0.1651) | (0.1712) | (0.0688) | (0.0726) | ||
Size | 0.6017*** | 0.5738*** | 0.1749* | 0.1484 | |
(0.1782) | (0.1773) | (0.1059) | (0.1121) | ||
Age | − 0.1598 | − 0.0876 | − 0.0020 | 0.0408 | |
(0.1502) | (0.1505) | (0.0524) | (0.0536) | ||
Observations | 2206 | 2151 | 1913 | 1677 | |
R-squared | 0.6092 | 0.6377 | 0.7129 | 0.7035 | |