Table 7 IFDI position of India with DC.
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 | 1.542 | 0.515 |
 GDPPC | 0.467 | 0.826 |
 Patent | 0.113 | 0.865 |
 ICT | 1.551 | 0.034** |
 R&D | −7.928 | 0.06* |
Location | ||
 GDP | 4.025 | 0*** |
 Infra | −1.866 | 0.119 |
 Trade | 8.113 | 0.001*** |
 NR | 0.734 | 0.227 |
 HC | 13.708 | 0.315 |
 Inflation | −0.914 | 0.032** |
 Language | 6.651 | 0.067* |
 Distance | 7.643 | 0.073* |
Internalization | ||
 ER | 3.111 | 0.107 |
 FTA | 5.444 | 0.19 |
 AR(1) (P-Value) | 0.285 | |
 AR(2) (P-Value) | 0.569 | |
 Hansen test (P-Value) | 1 | |
