Skip to main content

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)

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 0.3423*** 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
  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