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

Table 7 Main regression—the impact of sectoral FDI on economic growth

From: FDI and economic growth in Indonesia: a provincial and sectoral analysis

 

(1)

(2)

(3)

 

lgdp

lgdp

lgdp

lfdi

0.00929

0.00962

0.00962

 

(0.0182)

(0.0183)

(0.0183)

Agricultural FDI

− 0.081**

− 0.081**

− 0.081**

 

(0.0377)

(0.0377)

(0.0377)

Mining FDI

0.188***

0.189***

0.189***

 

(0.0251)

(0.0252)

(0.0252)

Manufacturing FDI

0.196***

0.198***

0.198***

 

(0.0237)

(0.0238)

(0.0238)

Water, Gas, Electricity FDI

0.0494**

0.0483**

0.0483**

 

(0.0232)

(0.0232)

(0.0232)

Hotel and Restaurant FDI

0.172***

0.174***

0.174***

 

(0.0255)

(0.0255)

(0.0255)

Trade FDI

0.0328

0.0319

0.0319

 

(0.0255)

(0.0255)

(0.0255)

Construction FDI

0.0149

0.0154

0.0154

 

(0.0302)

(0.0302)

(0.0302)

Transportation and Communication FDI

0.0294

0.0273

0.0273

 

(0.0255)

(0.0256)

(0.0256)

Real Estate FDI

0.0644**

0.0636**

0.0636**

 

(0.0266)

(0.0267)

(0.0267)

Other Services FDI

0.0106

0.00841

0.00841

 

(0.0264)

(0.0264)

(0.0264)

Province FE

Yes

Yes

Yes

Year FE

No

Yes

Yes

Sector FE

No

No

No

Island FE

No

No

Yes

Year × Province FE

No

No

No

Year × Sector FE

No

No

No

Year × Island FE

No

No

No

Control Variables

Yes

Yes

Yes

Observations

2380

2380

2380

R-squared

0.858

0.859

0.859

  1. Standard errors in parentheses
  2. *p < 0.10, **p < 0.05, ***p < 0.01
  3. Source: Author's estimation