The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 9 Robustness check, GMM system—the impact of FDI on economic growth
From: FDI and economic growth in Indonesia: a provincial and sectoral analysis
Variables | (1) |
|---|---|
GMM-SYSTEM | |
L.lgdp | 0.884*** |
(0.045) | |
lfdi | 0.009** |
(0.004) | |
lpop | 0.018 |
(0.025) | |
ys | − 0.005 |
(0.009) | |
ldi | 0.057* |
(0.033) | |
lgov | − 0.032 |
(0.026) | |
lcre | 0.052* |
(0.030) | |
inf | − 0.001 |
(0.002) | |
Constant | 0.577 |
(0.483) | |
Observations | 2203 |
Number of sector-province | 314 |
AR(1) | 0.002 |
AR(2) | 0.833 |
Hansen | 0.579 |
Sargan | 0.002 |
Number of Instruments | 18.000 |