Table 3 IFDI position of India.
From: Determinants influencing the flow of FDI in India: an empirical insight using panel data
Dynamic panel data estimation, one-step system GMM | ||
|---|---|---|
Wald test (prob) | 0 | |
FDI inward | Coef. | P > |z| |
Ownership | ||
GFCF | −0.201 | 0.92 |
GDPPC | 2.111 | 0.141 |
Patent | −1.548 | 0.001*** |
ICT | 0.235 | 0.594 |
R&D | 1.117 | 0.607 |
Location | ||
GDP | 2.219 | 0*** |
Infra | −9.486 | 0.261 |
Trade | 1.003 | 0.568 |
NR | 0.141 | 0.779 |
HC | 0.575 | 0.614 |
Inflation | −0.474 | 0.157 |
Language | 4.592 | 0.132 |
Distance | 0.565 | 0.828 |
Internalization | ||
ER | 1.255 | 0.29 |
FTA | 1.539 | 0.616 |
AR(1) (P-Value) | 0.118 | |
AR(2) (P-Value) | 0.908 | |
Hansen test (P-Value) | 1 | |
