The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 8 Main regression—the impact of lagged sectoral FDI on economic growth
From: FDI and economic growth in Indonesia: a provincial and sectoral analysis
(1) | (2) | (3) | |
|---|---|---|---|
lgdp | lgdp | lgdp | |
lfdi | − 0.00393 | − 0.00517 | − 0.00517 |
(0.0246) | (0.0247) | (0.0247) | |
Agricultural FDI | − 0.0779 | − 0.0796 | − 0.0796 |
(0.0529) | (0.0532) | (0.0532) | |
Mining FDI | 0.140*** | 0.141*** | 0.141*** |
(0.0336) | (0.0337) | (0.0337) | |
Manufacturing FDI | 0.142*** | 0.147*** | 0.147*** |
(0.0369) | (0.0371) | (0.0371) | |
Water, Gas, Electricity FDI | 0.0549* | 0.0558* | 0.0558* |
(0.0300) | (0.0301) | (0.0301) | |
Hotel and Restaurant FDI | 0.0970*** | 0.0980*** | 0.0980*** |
(0.0353) | (0.0354) | (0.0354) | |
Trade FDI | 0.0552 | 0.0582 | 0.0582 |
(0.0356) | (0.0357) | (0.0357) | |
Construction FDI | 0.0307 | 0.0341 | 0.0341 |
(0.0438) | (0.0440) | (0.0440) | |
Transportation and Communication FDI | 0.0388 | 0.0393 | 0.0393 |
(0.0334) | (0.0336) | (0.0336) | |
Real Estate FDI | 0.0544 | 0.0581 | 0.0581 |
(0.0363) | (0.0365) | (0.0365) | |
Other Services FDI | 0.0273 | 0.0290 | 0.0290 |
(0.0392) | (0.0393) | (0.0393) | |
L.lfdi | − 0.00401 | − 0.00272 | − 0.00272 |
(0.0244) | (0.0245) | (0.0245) | |
L.Agricultural FDI | − 0.072 | − 0.0711 | − 0.0711 |
(0.0522) | (0.0525) | (0.0525) | |
L.Mining FDI | 0.127*** | 0.127*** | 0.127*** |
(0.0338) | (0.0339) | (0.0339) | |
L.Manufacturing FDI | 0.116*** | 0.113*** | 0.113*** |
(0.0354) | (0.0355) | (0.0355) | |
L.Water, Gas, Electricity FDI | 0.0560* | 0.0537* | 0.0537* |
(0.0303) | (0.0304) | (0.0304) | |
L.Hotel and Restaurant FDI | 0.133*** | 0.134*** | 0.134*** |
(0.0350) | (0.0351) | (0.0351) | |
L.Trade FDI | 0.0304 | 0.0274 | 0.0274 |
(0.0342) | (0.0343) | (0.0343) | |
L.Construction FDI | 0.0194 | 0.0178 | 0.0178 |
(0.0419) | (0.0421) | (0.0421) | |
L.Transportation and Communication FDI | 0.0261 | 0.0241 | 0.0241 |
(0.0318) | (0.0319) | (0.0319) | |
L.Real Estate FDI | 0.0649* | 0.0620* | 0.0620* |
(0.0355) | (0.0357) | (0.0357) | |
L.Other Services FDI | 0.0216 | 0.0192 | 0.0192 |
(0.0379) | (0.0381) | (0.0381) | |
Constant | 17.59* | 33.35** | 33.35** |
(9.507) | (15.45) | (15.45) | |
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 | 1943 | 1943 | 1943 |
R-squared | 0.874 | 0.874 | 0.874 |