FDI REER B_F

Mean 106089.714285714 Mean 96.567 Mean

Standard Error 16386.3253506062 Standard Error 2.855716 Standard Error
Median 87167 Median 93.17868 Median
Mode #N/A Mode #N/A Mode
Standard Deviation 75091.5762813266 Standard Deviation 13.08653 Standard Deviation
Sample Variance 5638744828.41429 Sample Variance 171.2574 Sample Variance
Kurtosis -1.2131457413 Kurtosis 1.386306 Kurtosis
Skewness 0.6741015433 Skewness 1.185733 Skewness
Range 199604 Range 54.04206 Range
Minimum 33849 Minimum 77.58698 Minimum
Maximum 233453 Maximum 131.629 Maximum
Sum 2227884 Sum 2027.907 Sum
Count 21 Count 21 Count

CHINA_DESCRIPTIVE_STATISTICS
 P_s t_o gdp

52.7 Mean -0.44024 Mean 46.54262 Mean 3243.21478416

0.2708012802 Standard Error 0.029464 Standard Error 2.287984 Standard Error 374.177017611
52.6 Median -0.48 Median 45.65192 Median 2738.20540057
52 Mode -0.36 Mode #N/A Mode #N/A
1.2409673646 Standard Deviati 0.135023 Standard Deviation 10.48486 Standard Devia 1714.69450652
1.54 Sample Variance 0.018231 Sample Variance 109.9322 Sample Varianc 2940177.25067
2.9854066986 Kurtosis -0.64164 Kurtosis -0.96828 Kurtosis -1.0439174142
1.3968690467 Skewness 0.436847 Skewness 0.403652 Skewness 0.5703498562
5.4 Range 0.49 Range 32.7746 Range 5270.16939969
51 Minimum -0.66 Minimum 32.84432 Minimum 1227.55638029
56.4 Maximum -0.17 Maximum 65.61892 Maximum 6497.72577998
1106.7 Sum -9.245 Sum 977.3951 Sum 68107.5104674
21 Count 21 Count 21 Count 21
 years FDI REER B_F

Mean 2005 Mean 11034.143 Mean 86.970952381 Mean

Standard E 1.354006 Standard Erro2272.7407 Standard Error 1.8593670076 Standard Error
Median 2005 Median 4734 Median 84.37 Median
Mode #N/A Mode #N/A Mode 82.25 Mode
Standard D6.204837 Standard Devi10415.006 Standard Deviation 8.520690057 Standard Deviation
Sample Var 38.5 Sample Varia108472359 Sample Variance 72.6021590476 Sample Variance
Kurtosis -1.2 Kurtosis 0.1781098 Kurtosis -0.4354413746 Kurtosis
Skewness -4.91E-17 Skewness 1.0748433 Skewness 0.3917084674 Skewness
Range 20 Range 33878 Range 31 Range
Minimum 1995 Minimum 2143 Minimum 72.81 Minimum
Maximum 2015 Maximum 36021 Maximum 103.81 Maximum
Sum 42105 Sum 231717 Sum 1826.39 Sum
Count 21 Count 21 Count 21 Count

INDIA'S_DESCRIPTIVE_STATISTICS
 P_S t_o gdp

51.8904761905 Mean -1.1216666667 Mean 38.15928 Mean 1062.978405

0.6549047463 Standard Error 0.03510924 Standard Error 2.762818 Standard Err 76.81777563
52.2 Median -1.115 Median 41.30519 Median 981.6889323
54.6 Mode -0.99 Mode #N/A Mode #N/A
3.001150573 Standard Deviatio 0.1608907497 Standard Devia 12.66082 Standard Dev352.0232715
9.0069047619 Sample Variance 0.0258858333 Sample Varianc 160.2965 Sample Vari 123920.3837
-0.4467213497 Kurtosis 0.4020698056 Kurtosis -1.68237 Kurtosis -0.984788264
-0.694491348 Skewness -0.4878056805 Skewness -0.01119 Skewness 0.545705045
10.6 Range 0.67 Range 34.22747 Range 1122.883083
45.1 Minimum -1.52 Minimum 21.55154 Minimum 628.8626347
55.7 Maximum -0.85 Maximum 55.77901 Maximum 1751.745717
1089.7 Sum -23.555 Sum 801.3449 Sum 22322.5465
21 Count 21 Count 21 Count 21
 FDI REER B_F P_S

Mean 1702.34285714 Mean 102.864519 Mean 55.62857143 Mean

Standard Error 323.673285345 Standard Error 1.6900011 Standard Erro 0.319683091 Standard Error
Median 1459 Median 102.305112 Median 55.6 Median
Mode 2075 Mode #N/A Mode 56 Mode
Standard Deviat1483.25733053 Standard Devia 7.74455797 Standard Devi 1.464971965 Standard Deviatio
Sample Varianc 2200052.30857 Sample Varian 59.9781781 Sample Varian 2.146142857 Sample Variance
Kurtosis 1.2209263208 Kurtosis -0.63786982 Kurtosis -0.222755285 Kurtosis
Skewness 1.4126283164 Skewness 0.61426034 Skewness 0.012205697 Skewness
Range 5049 Range 26.0949984 Range 5.4 Range
Minimum 286 Minimum 93.716852 Minimum 53 Minimum
Maximum 5335 Maximum 119.81185 Maximum 58.4 Maximum
Sum 35749.2 Sum 2160.15491 Sum 1168.2 Sum
Count 21 Count 21 Count 21 Count
 t_o gdp

-1.91428571 Mean 32.94644 Mean 958.524368

0.14243264 Standard Error 0.601675 Standard Error 24.6653992
-1.76 Median 32.86893 Median 978.053265
#N/A Mode #N/A Mode #N/A
0.65270837 Standard Devia 2.75722 Standard Deviat 113.031059
0.42602821 Sample Varian 7.602262 Sample Varianc 12776.0202
-1.74606446 Kurtosis -0.22671 Kurtosis -1.69075322
0.01447077 Skewness -0.05991 Skewness 0.04445553
1.85 Range 10.72583 Range 325.890665
-2.81 Minimum 27.60429 Minimum 816.86153
-0.96 Maximum 38.33013 Maximum 1142.7522
-40.2 Sum 691.8752 Sum 20129.0117
21 Count 21 Count 21
country years FDI REER B_F
China 1995 33849 77.5869815367 52
China 1996 38066 85.251684458 51.3
China 1997 41674 91.7836677609 51.7
China 1998 41118 96.6590010115 53.1
China 1999 36978 91.4986199094 54.8
China 2000 37483 91.4484262418 56.4
China 2001 37356 95.3890857826 52.6
China 2002 46790 93.1786809207 52.8
China 2003 49445 87.0757076717 52.6
China 2004 60145 84.7288442002 52.5
China 2005 90379 84.2536030462 53.7
China 2006 100150 85.5719732022 53.6
China 2007 139095 88.9260635578 52
China 2008 114792 97.1041798577 53.1
China 2009 87167 100.4051284381 53.2
China 2010 185750 100 51
China 2011 231652 102.6903165609 52
China 2012 191120 108.443289308 51.2
China 2013 208211 115.2974658981 51.9
China 2014 223211 118.9853078534 52.5
China 2015 233453 131.6290411957 52.7
years FDI REER B_F
India 1995 2143 73 45.1
India 1996 2842 72.81 47.4
India 1997 3562 78.95 49.7
India 1998 2480 82.25 49.7
India 1999 2167 82.29 50.2
India 2000 3272 84.37 47.4
India 2001 4734 84.83 49
India 2002 3217 83.38 51.2
India 2003 2388 82.25 51.2
India 2004 3713 81.59 51.5
India 2005 3034 84.03 54.2
India 2006 7693 83.39 52.2
India 2007 15893 90.09 53.9
India 2008 22372 85.32 54.1
India 2009 17966 87.92 54.4
India 2010 9360 99.96 53.8
India 2011 16226 100.18 54.6
India 2012 19,819 95.5 54.6
India 2013 21,564 94.4 55.2
India 2014 31,251 96.07 55.7
India 2015 36,021 103.81 54.6
YEARS FDI REER B_F
Pakistan 1995 439 113.5687758088 57.6
Pakistan 1996 1106 110.5634322579 58.4
Pakistan 1997 700 112.0825941227 56
Pakistan 1998 572 113.6581217344 53.2
Pakistan 1999 428 105.1748073362 53
Pakistan 2000 473 103.1890012774 56.4
Pakistan 2001 286 93.7733392431 56
Pakistan 2002 483 97.117127804 55.8
Pakistan 2003 771 94.3980023258 55
Pakistan 2004 906 93.7168520381 54.9
Pakistan 2005 1459 96.6656333461 53.3
Pakistan 2006 3450 99.3973392568 57.9
Pakistan 2007 5026 98.145680165 57.2
Pakistan 2008 5335 94.5044017496 55.6
Pakistan 2009 3695 95.1310808494 57
Pakistan 2010 2075 100 55.2
Pakistan 2011 1591 102.8229117047 55.1
Pakistan 2012 2075 104.3881575978 54.7
Pakistan 2013 1591 102.3051122211 55.1
Pakistan 2014 1622 109.7406869547 55.2
Pakistan 2015 1666.2 119.8118504118 55.6
P_s t_o gdp
-0.2 34.75902 1227.556380292
-0.17 34.53907 1335.3626511507
-0.305 33.57786 1443.7747105415
-0.44 32.84432 1542.0640965224
-0.36 34.04191 1645.9879599806
-0.28 39.75277 1771.7414673699
-0.32 39.05384 1905.6107387806
-0.36 43.09296 2065.7185344548
-0.57 52.59747 2258.9120564192
-0.36 60.22079 2472.5865020686
-0.48 62.89042 2738.2054005664
-0.54 65.61892 3069.3047143843
-0.49 62.66474 3487.8456899658
-0.48 56.95747 3805.0259161404
-0.43 44.50696 4142.0381961462
-0.66 48.8893 4560.5124871009
-0.61 50.59983 4971.5448208122
-0.55 48.10786 5336.0600274702
-0.55 46.56524 5721.6936947959
-0.53 45.65192 6108.2386424732
-0.56 40.46237 6497.7257799787
P_S t_o gdp
-0.85 22.47334 628.8626346515
-0.91 21.55154 663.6202824032
-1.025 22.22955 677.6750421947
-1.14 23.29102 706.427151076
-1.065 24.38791 755.1169829283
-0.99 26.43729 770.3478368752
-1.115 25.54527 793.642116712
-1.24 29.00009 810.0022777227
-1.52 30.06518 859.3410017521
-1.22 36.85745 912.5649690137
-0.99 41.30519 981.6889322689
-1.06 45.29779 1056.237477069
-1.15 46.1602 1130.0484094089
-1.1 53.76515 1156.9684030174
-1.33 46.77858 1237.3884018416
-1.23 49.69054 1345.7213825728
-1.29 55.62572 1416.1180334849
-1.25 55.77901 1474.6936625869
-1.18 53.82921 1551.6075541857
-0.98 49.05605 1642.7282302062
-0.92 42.2188 1751.7457173361
P_S t_o gdp
 -0.96 36.13275 816.8615303751
-1.2 38.33013 835.3435757606
-1.185 36.85227 823.2005802946
-1.17 34.01173 823.9356410959
-1.155 32.31996 834.2223230398
-1.14 28.12961 850.3063164176
-1.42 30.37153 848.5561593853
-1.7 30.53763 857.7670281123
-1.58 32.8445 881.1371945257
-1.56 30.30013 927.0732501262
-1.76 35.25329 978.0532646981
-2.04 35.68173 1017.4558405235
-2.42 32.99043 1044.9737511695
-2.57 35.5942 1041.0589220423
-2.63 32.07185 1048.5257916225
-2.67 32.86893 1043.3002050381
-2.81 32.93991 1049.5945096142
-2.69 32.8055 1063.6057799868
-2.6 33.3336 1087.0775504354
-2.4 30.90124 1114.2103111525
-2.54 27.60429 1142.7521956823
country years FDI REER (Base 2010=100) Business Freedom
China 1995 33849 77.5869815367 52
China 1996 38066 85.251684458 51.3
China 1997 41674 91.7836677609 51.7
China 1998 41118 96.6590010115 53.1
China 1999 36978 91.4986199094 54.8
China 2000 37483 91.4484262418 56.4
China 2001 37356 95.3890857826 52.6
China 2002 46790 93.1786809207 52.8
China 2003 49445 87.0757076717 52.6
China 2004 60145 84.7288442002 52.5
China 2005 90379 84.2536030462 53.7
China 2006 100150 85.5719732022 53.6
China 2007 139095 88.9260635578 52
China 2008 114792 97.1041798577 53.1
China 2009 87167 100.4051284381 53.2
China 2010 185750 100 51
China 2011 231652 102.6903165609 52
China 2012 191120 108.443289308 51.2
China 2013 208211 115.2974658981 51.9
China 2014 223211 118.9853078534 52.5
China 2015 233453 131.6290411957 52.7

India 1995 2143 73 45.1

India 1996 2842 72.81 47.4
India 1997 3562 78.95 49.7
India 1998 2480 82.25 49.7
India 1999 2167 82.29 50.2
India 2000 3272 84.37 47.4
India 2001 4734 84.83 49
India 2002 3217 83.38 51.2
India 2003 2388 82.25 51.2
India 2004 3713 81.59 51.5
India 2005 3034 84.03 54.2
India 2006 7693 83.39 52.2
India 2007 15893 90.09 53.9
India 2008 22372 85.32 54.1
India 2009 17966 87.92 54.4
India 2010 9360 99.96 53.8
India 2011 16226 100.18 54.6
India 2012 19,819 95.5 54.6
India 2013 21,564 94.4 55.2
India 2014 31,251 96.07 55.7
India 2015 36,021 103.81 54.6
Pakistan 1995 439 113.5687758088 57.6
Pakistan 1996 1106 110.5634322579 58.4
Pakistan 1997 700 112.0825941227 56
Pakistan 1998 572 113.6581217344 53.2
Pakistan 1999 428 105.1748073362 53
Pakistan 2000 473 103.1890012774 56.4
Pakistan 2001 286 93.7733392431 56
Pakistan 2002 483 97.117127804 55.8
Pakistan 2003 771 94.3980023258 55
Pakistan 2004 906 93.7168520381 54.9
Pakistan 2005 1459 96.6656333461 53.3
Pakistan 2006 3450 99.3973392568 57.9
Pakistan 2007 5026 98.145680165 57.2
Pakistan 2008 5335 94.5044017496 55.6
Pakistan 2009 3695 95.1310808494 57
Pakistan 2010 2075 100 55.2
Pakistan 2011 1591 102.8229117047 55.1
Pakistan 2012 2075 104.3881575978 54.7
Pakistan 2013 1591 102.3051122211 55.1
Pakistan 2014 1622 109.7406869547 55.2
Pakistan 2015 1666.2 119.8118504118 55.6
Political Stability Index(-2.5=weak, 2.5=strong) t_o gdp per-capita, constant ppp (2011) $
-0.2 34.75902 1227.556380292
-0.17 34.53907 1335.3626511507
-0.305 33.57786 1443.7747105415
-0.44 32.84432 1542.0640965224
-0.36 34.04191 1645.9879599806
-0.28 39.75277 1771.7414673699
-0.32 39.05384 1905.6107387806
-0.36 43.09296 2065.7185344548
-0.57 52.59747 2258.9120564192
-0.36 60.22079 2472.5865020686
-0.48 62.89042 2738.2054005664
-0.54 65.61892 3069.3047143843
-0.49 62.66474 3487.8456899658
-0.48 56.95747 3805.0259161404
-0.43 44.50696 4142.0381961462
-0.66 48.8893 4560.5124871009
-0.61 50.59983 4971.5448208122
-0.55 48.10786 5336.0600274702
-0.55 46.56524 5721.6936947959
-0.53 45.65192 6108.2386424732
-0.56 40.46237 6497.7257799787

-0.85 22.47334 628.8626346515

-0.91 21.55154 663.6202824032
-1.025 22.22955 677.6750421947
-1.14 23.29102 706.427151076
-1.065 24.38791 755.1169829283
-0.99 26.43729 770.3478368752
-1.115 25.54527 793.642116712
-1.24 29.00009 810.0022777227
-1.52 30.06518 859.3410017521
-1.22 36.85745 912.5649690137
-0.99 41.30519 981.6889322689
-1.06 45.29779 1056.237477069
-1.15 46.1602 1130.0484094089
-1.1 53.76515 1156.9684030174
-1.33 46.77858 1237.3884018416
-1.23 49.69054 1345.7213825728
-1.29 55.62572 1416.1180334849
-1.25 55.77901 1474.6936625869
-1.18 53.82921 1551.6075541857
-0.98 49.05605 1642.7282302062
-0.92 42.2188 1751.7457173361
 -0.96 36.13275 816.8615303751
-1.2 38.33013 835.3435757606
-1.185 36.85227 823.2005802946
-1.17 34.01173 823.9356410959
-1.155 32.31996 834.2223230398
-1.14 28.12961 850.3063164176
-1.42 30.37153 848.5561593853
-1.7 30.53763 857.7670281123
-1.58 32.8445 881.1371945257
-1.56 30.30013 927.0732501262
-1.76 35.25329 978.0532646981
-2.04 35.68173 1017.4558405235
-2.42 32.99043 1044.9737511695
-2.57 35.5942 1041.0589220423
-2.63 32.07185 1048.5257916225
-2.67 32.86893 1043.3002050381
-2.81 32.93991 1049.5945096142
-2.69 32.8055 1063.6057799868
-2.6 33.3336 1087.0775504354
-2.4 30.90124 1114.2103111525
-2.54 27.60429 1142.7521956823
 FDI
250000

200000

150000
FD

100000

50000

0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2
 FDI

8 2009 2010 2011 2012 2013 2014 2015

country years fdi reer b_f p_s t_o gdp
China 1995 33849 77.58698 52 -0.2 34.75902 1227.556
China 1996 38066 85.25168 51.3 -0.17 34.53907 1335.363
China 1997 41674 91.78367 51.7 -0.305 33.57786 1443.775
China 1998 41118 96.659 53.1 -0.44 32.84432 1542.064
China 1999 36978 91.49862 54.8 -0.36 34.04191 1645.988
China 2000 37483 91.44843 56.4 -0.28 39.75277 1771.741
China 2001 37356 95.38909 52.6 -0.32 39.05384 1905.611
China 2002 46790 93.17868 52.8 -0.36 43.09296 2065.719
China 2003 49445 87.07571 52.6 -0.57 52.59747 2258.912
China 2004 60145 84.72884 52.5 -0.36 60.22079 2472.587
China 2005 90379 84.2536 53.7 -0.48 62.89042 2738.205
China 2006 100150 85.57197 53.6 -0.54 65.61892 3069.305
China 2007 139095 88.92606 52 -0.49 62.66474 3487.846
China 2008 114792 97.10418 53.1 -0.48 56.95747 3805.026
China 2009 87167 100.4051 53.2 -0.43 44.50696 4142.038
China 2010 185750 100 51 -0.66 48.8893 4560.512
China 2011 231652 102.6903 52 -0.61 50.59983 4971.545
China 2012 191120 108.4433 51.2 -0.55 48.10786 5336.06
China 2013 208211 115.2975 51.9 -0.55 46.56524 5721.694
China 2014 223211 118.9853 52.5 -0.53 45.65192 6108.239
China 2015 233453 131.629 52.7 -0.56 40.46237 6497.726
India 1995 2143 73 45.1 -0.85 22.47334 628.8626
India 1996 2842 72.81 47.4 -0.91 21.55154 663.6203
India 1997 3562 78.95 49.7 -1.025 22.22955 677.675
India 1998 2480 82.25 49.7 -1.14 23.29102 706.4272
India 1999 2167 82.29 50.2 -1.065 24.38791 755.117
India 2000 3272 84.37 47.4 -0.99 26.43729 770.3478
India 2001 4734 84.83 49 -1.115 25.54527 793.6421
India 2002 3217 83.38 51.2 -1.24 29.00009 810.0023
India 2003 2388 82.25 51.2 -1.52 30.06518 859.341
India 2004 3713 81.59 51.5 -1.22 36.85745 912.565
India 2005 3034 84.03 54.2 -0.99 41.30519 981.6889
India 2006 7693 83.39 52.2 -1.06 45.29779 1056.237
India 2007 15893 90.09 53.9 -1.15 46.1602 1130.048
India 2008 22372 85.32 54.1 -1.1 53.76515 1156.968
India 2009 17966 87.92 54.4 -1.33 46.77858 1237.388
India 2010 9360 99.96 53.8 -1.23 49.69054 1345.721
India 2011 16226 100.18 54.6 -1.29 55.62572 1416.118
India 2012 19,819 95.5 54.6 -1.25 55.77901 1474.694
India 2013 21,564 94.4 55.2 -1.18 53.82921 1551.608
India 2014 31,251 96.07 55.7 -0.98 49.05605 1642.728
India 2015 36,021 103.81 54.6 -0.92 42.2188 1751.746
Pakistan 1995 439 113.5688 57.6 -0.96 36.13275 816.8615
Pakistan 1996 1106 110.5634 58.4 -1.2 38.33013 835.3436
Pakistan 1997 700 112.0826 56 -1.185 36.85227 823.2006
Pakistan 1998 572 113.6581 53.2 -1.17 34.01173 823.9356
Pakistan 1999 428 105.1748 53 -1.155 32.31996 834.2223
Pakistan 2000 473 103.189 56.4 -1.14 28.12961 850.3063
Pakistan 2001 286 93.77334 56 -1.42 30.37153 848.5562
Pakistan 2002 483 97.11713 55.8 -1.7 30.53763 857.767
Pakistan 2003 771 94.398 55 -1.58 32.8445 881.1372
Pakistan 2004 906 93.71685 54.9 -1.56 30.30013 927.0733
Pakistan 2005 1459 96.66563 53.3 -1.76 35.25329 978.0533
Pakistan 2006 3450 99.39734 57.9 -2.04 35.68173 1017.456
Pakistan 2007 5026 98.14568 57.2 -2.42 32.99043 1044.974
Pakistan 2008 5335 94.5044 55.6 -2.57 35.5942 1041.059
Pakistan 2009 3695 95.13108 57 -2.63 32.07185 1048.526
Pakistan 2010 2075 100 55.2 -2.67 32.86893 1043.3
Pakistan 2011 1591 102.8229 55.1 -2.81 32.93991 1049.595
Pakistan 2012 2075 104.3882 54.7 -2.69 32.8055 1063.606
Pakistan 2013 1591 102.3051 55.1 -2.6 33.3336 1087.078
Pakistan 2014 1622 109.7407 55.2 -2.4 30.90124 1114.21
Pakistan 2015 1666.2 119.8119 55.6 -2.54 27.60429 1142.752
country years e_r fdi b_f p_s t_o gdp
China 1995 8.351417 4.880443 52 -0.2 34.75902 1227.556
China 1996 8.314175 4.651829 51.3 -0.17 34.53907 1335.363
China 1997 8.289817 4.600337 51.7 -0.305 33.57786 1443.775
China 1998 8.278958 4.25162 53.1 -0.44 32.84432 1542.064
China 1999 8.27825 3.54233 54.8 -0.36 34.04191 1645.988
China 2000 8.278504 3.475084 56.4 -0.28 39.75277 1771.741
China 2001 8.277068 3.513003 52.6 -0.32 39.05384 1905.611
China 2002 8.276958 3.609101 52.8 -0.36 43.09296 2065.719
China 2003 8.277037 3.487404 52.6 -0.57 52.59747 2258.912
China 2004 8.276801 3.48364 52.5 -0.36 60.22079 2472.587
China 2005 8.194317 4.554254 53.7 -0.48 62.89042 2738.205
China 2006 7.973438 4.84252 53.6 -0.54 65.61892 3069.305
China 2007 7.607533 4.398685 52 -0.49 62.66474 3487.846
China 2008 6.948655 3.730469 53.1 -0.48 56.95747 3805.026
China 2009 6.831416 2.56474 53.2 -0.43 44.50696 4142.038
China 2010 6.770269 3.994732 51 -0.66 48.8893 4560.512
China 2011 6.461461 3.698517 52 -0.61 50.59983 4971.545
China 2012 6.312333 2.817739 51.2 -0.55 48.10786 5336.06
China 2013 6.195758 3.028226 51.9 -0.55 46.56524 5721.694
China 2014 6.143434 2.5576 52.5 -0.53 45.65192 6108.239
China 2015 6.227489 2.25817 52.7 -0.56 40.46237 6497.726
India 1995 32.42708 0.584732 45.1 -0.85 22.47334 628.8626
India 1996 35.43317 0.606837 47.4 -0.91 21.55154 663.6203
India 1997 36.31329 0.845383 49.7 -1.025 22.22955 677.675
India 1998 41.25937 0.614509 49.7 -1.14 23.29102 706.4272
India 1999 43.05543 0.464499 50.2 -1.065 24.38791 755.117
India 2000 44.94161 0.752024 47.4 -0.99 26.43729 770.3478
India 2001 47.18641 1.038172 49 -1.115 25.54527 793.6421
India 2002 48.61032 0.994138 51.2 -1.24 29.00009 810.0023
India 2003 46.58328 0.595447 51.2 -1.52 30.06518 859.341
India 2004 45.31647 0.752407 51.5 -1.22 36.85745 912.565
India 2005 44.09998 0.871407 54.2 -0.99 41.30519 981.6889
India 2006 45.30701 2.11029 52.2 -1.06 45.29779 1056.237
India 2007 41.34853 2.100435 53.9 -1.15 46.1602 1130.048
India 2008 43.50518 3.657072 54.1 -1.1 53.76515 1156.968
India 2009 48.40527 2.687625 54.4 -1.33 46.77858 1237.388
India 2010 45.72581 1.65384 53.8 -1.23 49.69054 1345.721
India 2011 46.67047 2.002132 54.6 -1.29 55.62572 1416.118
India 2012 53.43723 1.312588 54.6 -1.25 55.77901 1474.694
India 2013 58.59785 1.515856 55.2 -1.18 53.82921 1551.608
India 2014 61.02951 1.700324 55.7 -0.98 49.05605 1642.728
India 2015 64.15194 2.106885 54.6 -0.92 42.2188 1751.746
Pakistan 1995 31.64268 1.191753 57.6 -0.96 36.13275 816.8615
Pakistan 1996 36.07868 1.456056 58.4 -1.2 38.33013 835.3436
Pakistan 1997 41.11153 1.147229 56 -1.185 36.85227 823.2006
Pakistan 1998 45.04667 0.81361 53.2 -1.17 34.01173 823.9356
Pakistan 1999 49.50069 0.844795 53 -1.155 32.31996 834.2223
Pakistan 2000 53.64819 0.416484 56.4 -1.14 28.12961 850.3063
Pakistan 2001 61.92716 0.522751 56 -1.42 30.37153 848.5562
Pakistan 2002 59.72378 1.142354 55.8 -1.7 30.53763 857.767
Pakistan 2003 57.752 0.641482 55 -1.58 32.8445 881.1372
Pakistan 2004 58.25786 1.141075 54.9 -1.56 30.30013 927.0733
Pakistan 2005 59.51448 2.010007 53.3 -1.76 35.25329 978.0533
Pakistan 2006 60.27134 3.112978 57.9 -2.04 35.68173 1017.456
Pakistan 2007 60.73852 3.668323 57.2 -2.42 32.99043 1044.974
Pakistan 2008 70.40803 3.19736 55.6 -2.57 35.5942 1041.059
Pakistan 2009 81.71289 1.390402 57 -2.63 32.07185 1048.526
Pakistan 2010 85.19382 1.139753 55.2 -2.67 32.86893 1043.3
Pakistan 2011 86.34338 0.620823 55.1 -2.81 32.93991 1049.595
Pakistan 2012 93.3952 0.382827 54.7 -2.69 32.8055 1063.606
Pakistan 2013 101.6289 0.576511 55.1 -2.6 33.3336 1087.078
Pakistan 2014 101.1001 0.764034 55.2 -2.4 30.90124 1114.21
Pakistan 2015 102.7693 0.361188 55.6 -2.54 27.60429 1142.752
e_r = nominal exchange rate local currency per$
fdi = fdi as a % of GDP
nge rate local currency per$
 lfdi lgdp b_f p_s t_o e_r
lfdi 1
lgdp 0.878835 1
b_f -0.22848 -0.03792 1
p_s 0.625055 0.486856 -0.42791 1
t_o 0.68193 0.684746 0.182226 0.381144 1
e_r -0.70612 -0.6092 0.384259 -0.92541 -0.42345 1

lnfdi =

Coefficients
Standard Error t Stat
Intercept 0.856589 2.817568 0.304017
lgdp 1.972476 0.258947 7.617296
b_f -0.13148 0.046163 -2.84823
p_s 0.184463 0.385203 0.478873
t_o 0.037416 0.01326 2.821656
e_r -0.00695 0.010666 -0.65199
P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
0.762222 -4.78549 6.498671 -4.78549 6.498671
2.98E-10 1.453944 2.491009 1.453944 2.491009
0.006105 -0.22392 -0.03904 -0.22392 -0.03904
0.633861 -0.58689 0.95582 -0.58689 0.95582
0.006565 0.010863 0.063969 0.010863 0.063969
0.517026 -0.02831 0.014404 -0.02831 0.014404

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 2.221756 0.096113 23.11602 5.95E-31 2.029364 2.414147 2.029364 2.414147
lgdp -0.13571 0.012647 -10.7308 2.13E-15 -0.16102 -0.11039 -0.16102 -0.11039
b_f -0.00092 0.001819 -0.50459 0.615756 -0.00456 0.002723 -0.00456 0.002723
t_o 0.0032 0.000439 7.294523 9.38E-10 0.002322 0.004079 0.002322 0.004079
e_r 0.003228 0.000448 7.198144 1.36E-09 0.00233 0.004125 0.00233 0.004125
 Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 0.365861 2.701688 0.135419 0.892749 -5.04216 5.773877 -5.04216 5.773877
lgdp 2.04994 0.228938 8.954123 1.58E-12 1.591671 2.50821 1.591671 2.50821
b_f -0.13249 0.045908 -2.886 0.005471 -0.22439 -0.0406 -0.22439 -0.0406
p_s 0.40574 0.181301 2.237937 0.02908 0.042827 0.768654 0.042827 0.768654
t_o 0.036416 0.013106 2.7786 0.007345 0.010182 0.06265 0.010182 0.06265
Upper 95.0%
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9319
R Square 0.868437
Adjusted R 0.859364
Standard E 0.031026
Observatio 63

ANOVA
df SS MS F Significance F
Regression 4 0.368553 0.092138 95.71365 7.46E-25
Residual 58 0.055833 0.000963
Total 62 0.424386

Coefficients
Standard Error t Stat
Intercept 2.221756 0.096113 23.11602
lgdp -0.13571 0.012647 -10.7308
b_f -0.00092 0.001819 -0.50459
t_o 0.0032 0.000439 7.294523
e_r 0.003228 0.000448 7.198144
P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
5.95E-31 2.029364 2.414147 2.029364 2.414147
2.13E-15 -0.16102 -0.11039 -0.16102 -0.11039
0.615756 -0.00456 0.002723 -0.00456 0.002723
9.38E-10 0.002322 0.004079 0.002322 0.004079
1.36E-09 0.00233 0.004125 0.00233 0.004125

RESIDUAL OUTPUT

Observation
Predicted lfdiResiduals
1 2.02421 -0.06232
2 2.024634 -0.05098
3 2.021511 -0.03706
4 2.018021 -0.02456
5 2.020303 -0.018
6 2.037109 -0.02491
7 2.038378 -0.01649
8 2.051123 -0.01861
9 2.081724 -0.03757
10 2.106217 -0.05043
11 2.114753 -0.04599
12 2.126573 -0.04349
13 2.12378 -0.0249
14 2.114672 -0.00518
15 2.076664 0.043073
16 2.093731 0.037495
17 2.103627 0.03779
18 2.099073 0.050623
19 2.095647 0.062146
20 2.093155 0.072165
21 2.07479 0.097597
22 1.884838 -0.0217
23 1.877449 -0.006
24 1.87702 -0.00235
25 1.879053 0.001971
26 1.88212 0.009013
27 1.891518 0.002624
28 1.887826 0.010788
29 1.897426 0.004239
30 1.900072 0.010383
31 1.921188 -0.00188
32 1.932711 -0.00275
33 1.947556 -0.00702
34 1.948386 0.001803
35 1.972603 -0.01907
36 1.951301 0.011714
37 1.96025 0.014482
38 1.978785 0.002999
39 1.982744 0.004611
40 1.9801 0.014199
41 1.966696 0.03534
42 1.94913 0.061547
43 1.917875 -0.01495
44 1.920688 -0.01443
45 1.916684 -0.01261
46 1.91046 -0.00625
47 1.90681 -0.00076
48 1.892747 0.016143
49 1.907537 0.001047
50 1.906057 0.004128
51 1.912365 0.001791
52 1.904763 0.016859
53 1.923244 0.006183
54 1.921122 0.014025
55 1.913611 0.025382
56 1.934576 0.003877
57 1.938301 0.00118
58 1.948079 -0.00932
59 1.950289 -0.01066
60 1.962334 -0.0208
61 1.978769 -0.03411
62 1.969893 -0.02171
63 1.96214 -0.01036
 lfdi lgdp b_f

Mean 9.091482594 Mean 7.2409625758 Mean 53.4063492063

Standard Error 0.2447371896 Standard E 0.0784718242 Standard E 0.3264643486
Median 8.5820441637 Median 7.0159011919 Median 53.6
Mode 7.6377164327 Mode #N/A Mode 52
Standard Deviati 1.9425412205 Standard D 0.6228507956 Standard D 2.5912304348
Sample Variance 3.7734663932 Sample Var 0.3879431135 Sample Var 6.7144751664
Kurtosis -1.1844239527 Kurtosis 0.2140657112 Kurtosis 1.001223501
Skewness 0.1033223904 Skewness 1.0974188116 Skewness -0.7076356376
Range 6.7047442402 Range 2.3352946687 Range 13.3
Minimum 5.6559918108 Minimum 6.443912846 Minimum 45.1
Maximum 12.360736051 Maximum 8.7792075147 Maximum 58.4
Sum 572.7634034216 Sum 456.1806422726 Sum 3364.6
Count 63 Count 63 Count 63
 p_s t_o e_r

Mean -1.1587301587 Mean 39.216113159 Mean 40.1545307171

Standard E 0.090880582 Standard E 1.3887109514 Standard E 3.5243180563
Median -1.1 Median 35.681729664 Median 44.099975
Mode -0.36 Mode #N/A Mode #N/A
Standard D 0.7213422571 Standard D 11.022551461 Standard D 27.973407354
Sample Var 0.5203346518 Sample Var121.49664071 Sample Var 782.5115189926
Kurtosis -0.041535888 Kurtosis -0.430900869 Kurtosis -0.5508209092
Skewness -0.8734955953 Skewness 0.5764629147 Skewness 0.3841192783
Range 2.64 Range 44.067383216 Range 96.6258375102
Minimum -2.81 Minimum 21.551539947 Minimum 6.1434340945
Maximum -0.17 Maximum 65.618923163 Maximum 102.7692716047
Sum -73 Sum 2470.615129 Sum 2529.7354351752
Count 63 Count 63 Count 63
country years fdi b_f p_s t_o gdp e_r lfdi
China 1995 33849 52 -0.2 34.75902 1227.556 8.351417 10.42966
China 1996 38066 51.3 -0.17 34.53907 1335.363 8.314175 10.54708
China 1997 41674 51.7 -0.305 33.57786 1443.775 8.289817 10.63763
China 1998 41118 53.1 -0.44 32.84432 1542.064 8.278958 10.6242
China 1999 36978 54.8 -0.36 34.04191 1645.988 8.27825 10.51808
China 2000 37483 56.4 -0.28 39.75277 1771.741 8.278504 10.53164
China 2001 37356 52.6 -0.32 39.05384 1905.611 8.277068 10.52825
China 2002 46790 52.8 -0.36 43.09296 2065.719 8.276958 10.75342
China 2003 49445 52.6 -0.57 52.59747 2258.912 8.277037 10.80862
China 2004 60145 52.5 -0.36 60.22079 2472.587 8.276801 11.00451
China 2005 90379 53.7 -0.48 62.89042 2738.205 8.194317 11.41177
China 2006 100150 53.6 -0.54 65.61892 3069.305 7.973438 11.51442
China 2007 139095 52 -0.49 62.66474 3487.846 7.607533 11.84291
China 2008 114792 53.1 -0.48 56.95747 3805.026 6.948655 11.65088
China 2009 87167 53.2 -0.43 44.50696 4142.038 6.831416 11.37558
China 2010 185750 51 -0.66 48.8893 4560.512 6.770269 12.13216
China 2011 231652 52 -0.61 50.59983 4971.545 6.461461 12.35299
China 2012 191120 51.2 -0.55 48.10786 5336.06 6.312333 12.16066
China 2013 208211 51.9 -0.55 46.56524 5721.694 6.195758 12.24631
China 2014 223211 52.5 -0.53 45.65192 6108.239 6.143434 12.31587
China 2015 233453 52.7 -0.56 40.46237 6497.726 6.227489 12.36074
India 1995 2143 45.1 -0.85 22.47334 628.8626 32.42708 7.669962
India 1996 2842 47.4 -0.91 21.55154 663.6203 35.43317 7.952263
India 1997 3562 49.7 -1.025 22.22955 677.675 36.31329 8.178077
India 1998 2480 49.7 -1.14 23.29102 706.4272 41.25937 7.816014
India 1999 2167 50.2 -1.065 24.38791 755.117 43.05543 7.681099
India 2000 3272 47.4 -0.99 26.43729 770.3478 44.94161 8.093157
India 2001 4734 49 -1.115 25.54527 793.6421 47.18641 8.462526
India 2002 3217 51.2 -1.24 29.00009 810.0023 48.61032 8.076205
India 2003 2388 51.2 -1.52 30.06518 859.341 46.58328 7.778211
India 2004 3713 51.5 -1.22 36.85745 912.565 45.31647 8.219595
India 2005 3034 54.2 -0.99 41.30519 981.6889 44.09998 8.017637
India 2006 7693 52.2 -1.06 45.29779 1056.237 45.30701 8.948066
India 2007 15893 53.9 -1.15 46.1602 1130.048 41.34853 9.673634
India 2008 22372 54.1 -1.1 53.76515 1156.968 43.50518 10.01557
India 2009 17966 54.4 -1.33 46.77858 1237.388 48.40527 9.796236
India 2010 9360 53.8 -1.23 49.69054 1345.721 45.72581 9.144201
India 2011 16226 54.6 -1.29 55.62572 1416.118 46.67047 9.69437
India 2012 19,819 54.6 -1.25 55.77901 1474.694 53.43723 9.894396
India 2013 21,564 55.2 -1.18 53.82921 1551.608 58.59785 9.978781
India 2014 31,251 55.7 -0.98 49.05605 1642.728 61.02951 10.34981
India 2015 36,021 54.6 -0.92 42.2188 1751.746 64.15194 10.49186
Pakistan 1995 439 57.6 -0.96 36.13275 816.8615 31.64268 6.084499
Pakistan 1996 1106 58.4 -1.2 38.33013 835.3436 36.07868 7.008505
Pakistan 1997 700 56 -1.185 36.85227 823.2006 41.11153 6.55108
Pakistan 1998 572 53.2 -1.17 34.01173 823.9356 45.04667 6.349139
Pakistan 1999 428 53 -1.155 32.31996 834.2223 49.50069 6.059123
Pakistan 2000 473 56.4 -1.14 28.12961 850.3063 53.64819 6.159095
Pakistan 2001 286 56 -1.42 30.37153 848.5562 61.92716 5.655992
Pakistan 2002 483 55.8 -1.7 30.53763 857.767 59.72378 6.180017
Pakistan 2003 771 55 -1.58 32.8445 881.1372 57.752 6.647688
Pakistan 2004 906 54.9 -1.56 30.30013 927.0733 58.25786 6.809039
Pakistan 2005 1459 53.3 -1.76 35.25329 978.0533 59.51448 7.285507
Pakistan 2006 3450 57.9 -2.04 35.68173 1017.456 60.27134 8.14613
Pakistan 2007 5026 57.2 -2.42 32.99043 1044.974 60.73852 8.52238
Pakistan 2008 5335 55.6 -2.57 35.5942 1041.059 70.40803 8.582044
Pakistan 2009 3695 57 -2.63 32.07185 1048.526 81.71289 8.214736
Pakistan 2010 2075 55.2 -2.67 32.86893 1043.3 85.19382 7.637716
Pakistan 2011 1591 55.1 -2.81 32.93991 1049.595 86.34338 7.372118
Pakistan 2012 2075 54.7 -2.69 32.8055 1063.606 93.3952 7.637716
Pakistan 2013 1591 55.1 -2.6 33.3336 1087.078 101.6289 7.372118
Pakistan 2014 1622 55.2 -2.4 30.90124 1114.21 101.1001 7.391415
Pakistan 2015 1666.2 55.6 -2.54 27.60429 1142.752 102.7693 7.418301
lgdp b_f p_s t_o e_r lfdi lgdp b_f
7.112781 52 -0.2 34.75902 8.351417 1.961893 2.122431 52
7.196958 51.3 -0.17 34.53907 8.314175 1.973658 2.117962 51.3
7.275016 51.7 -0.305 33.57786 8.289817 1.984446 2.115028 51.7
7.340877 53.1 -0.44 32.84432 8.278958 1.993458 2.113717 53.1
7.406096 54.8 -0.36 34.04191 8.27825 2.002303 2.113632 54.8
7.479718 56.4 -0.28 39.75277 8.278504 2.012195 2.113662 56.4
7.552558 52.6 -0.32 39.05384 8.277068 2.021886 2.113489 52.6
7.633233 52.8 -0.36 43.09296 8.276958 2.032512 2.113475 52.8
7.722639 52.6 -0.57 52.59747 8.277037 2.044156 2.113485 52.6
7.81302 52.5 -0.36 60.22079 8.276801 2.055792 2.113457 52.5
7.915058 53.7 -0.48 62.89042 8.194317 2.068767 2.103441 53.7
8.029206 53.6 -0.54 65.61892 7.973438 2.083086 2.076116 53.6
8.15704 52 -0.49 62.66474 7.607533 2.098881 2.029139 52
8.244078 53.1 -0.48 56.95747 6.948655 2.109495 1.938548 53.1
8.328943 53.2 -0.43 44.50696 6.831416 2.119737 1.921532 53.2
8.42519 51 -0.66 48.8893 6.770269 2.131226 1.912541 51
8.511486 52 -0.61 50.59983 6.461461 2.141417 1.865856 52
8.582243 51.2 -0.55 48.10786 6.312333 2.149695 1.842505 51.2
8.65202 51.9 -0.55 46.56524 6.195758 2.157793 1.823865 51.9
8.717394 52.5 -0.53 45.65192 6.143434 2.16532 1.815384 52.5
8.779208 52.7 -0.56 40.46237 6.227489 2.172386 1.828973 52.7
6.443913 45.1 -0.85 22.47334 32.42708 1.863136 3.478994 45.1
6.49771 47.4 -0.91 21.55154 35.43317 1.87145 3.567648 47.4
6.518668 49.7 -1.025 22.22955 36.31329 1.87467 3.592184 49.7
6.56022 49.7 -1.14 23.29102 41.25937 1.881024 3.719878 49.7
6.626873 50.2 -1.065 24.38791 43.05543 1.891133 3.762488 50.2
6.646842 47.4 -0.99 26.43729 44.94161 1.894142 3.805364 47.4
6.676633 49 -1.115 25.54527 47.18641 1.898614 3.854106 49
6.697037 51.2 -1.24 29.00009 48.61032 1.901665 3.883836 51.2
6.756166 51.2 -1.52 30.06518 46.58328 1.910456 3.841242 51.2
6.816259 51.5 -1.22 36.85745 45.31647 1.919311 3.81367 51.5
6.889274 54.2 -0.99 41.30519 44.09998 1.929966 3.786459 54.2
6.962468 52.2 -1.06 45.29779 45.30701 1.940534 3.813462 52.2
7.030016 53.9 -1.15 46.1602 41.34853 1.950189 3.722037 53.9
7.053558 54.1 -1.1 53.76515 43.50518 1.953532 3.77288 54.1
7.120758 54.4 -1.33 46.77858 48.40527 1.963014 3.879609 54.4
7.204685 53.8 -1.23 49.69054 45.72581 1.974732 3.822663 53.8
7.255675 54.6 -1.29 55.62572 46.67047 1.981784 3.843112 54.6
7.296206 54.6 -1.25 55.77901 53.43723 1.987354 3.978508 54.6
7.347047 55.2 -1.18 53.82921 58.59785 1.994298 4.070698 55.2
7.404114 55.7 -0.98 49.05605 61.02951 2.002036 4.111358 55.7
7.468368 54.6 -0.92 42.2188 64.15194 2.010677 4.161254 54.6
6.70547 57.6 -0.96 36.13275 31.64268 1.902924 3.454507 57.6
6.727843 58.4 -1.2 38.33013 36.07868 1.906255 3.585702 58.4
 6.7132 56 -1.185 36.85227 41.11153 1.904076 3.716288 56
6.714092 53.2 -1.17 34.01173 45.04667 1.904209 3.807699 53.2
6.7265 53 -1.155 32.31996 49.50069 1.906055 3.901987 53
6.745597 56.4 -1.14 28.12961 53.64819 1.90889 3.982448 56.4
6.743536 56 -1.42 30.37153 61.92716 1.908584 4.125959 56
6.754333 55.8 -1.7 30.53763 59.72378 1.910184 4.08973 55.8
6.781213 55 -1.58 32.8445 57.752 1.914156 4.056158 55
6.832033 54.9 -1.56 30.30013 58.25786 1.921622 4.064879 54.9
6.885564 53.3 -1.76 35.25329 59.51448 1.929427 4.08622 53.3
6.925061 57.9 -2.04 35.68173 60.27134 1.935147 4.098857 57.9
6.951747 57.2 -2.42 32.99043 60.73852 1.938993 4.106578 57.2
6.947994 55.6 -2.57 35.5942 70.40803 1.938453 4.254307 55.6
6.95514 57 -2.63 32.07185 81.71289 1.939481 4.403212 57
6.950144 55.2 -2.67 32.86893 85.19382 1.938762 4.444929 55.2
6.956159 55.1 -2.81 32.93991 86.34338 1.939627 4.458332 55.1
6.96942 54.7 -2.69 32.8055 93.3952 1.941532 4.53684 54.7
6.991248 55.1 -2.6 33.3336 101.6289 1.944659 4.621328 55.1
7.015901 55.2 -2.4 30.90124 101.1001 1.948179 4.616111 55.2
7.041195 55.6 -2.54 27.60429 102.7693 1.951778 4.632486 55.6
t_o e_r
34.75902 8.351417
34.53907 8.314175
33.57786 8.289817
32.84432 8.278958
34.04191 8.27825
39.75277 8.278504
39.05384 8.277068
43.09296 8.276958
52.59747 8.277037
60.22079 8.276801
62.89042 8.194317
65.61892 7.973438
62.66474 7.607533
56.95747 6.948655
44.50696 6.831416
48.8893 6.770269
50.59983 6.461461
48.10786 6.312333
46.56524 6.195758
45.65192 6.143434
40.46237 6.227489
22.47334 32.42708
21.55154 35.43317
22.22955 36.31329
23.29102 41.25937
24.38791 43.05543
26.43729 44.94161
25.54527 47.18641
29.00009 48.61032
30.06518 46.58328
36.85745 45.31647
41.30519 44.09998
45.29779 45.30701
46.1602 41.34853
53.76515 43.50518
46.77858 48.40527
49.69054 45.72581
55.62572 46.67047
55.77901 53.43723
53.82921 58.59785
49.05605 61.02951
42.2188 64.15194
36.13275 31.64268
38.33013 36.07868
36.85227 41.11153
34.01173 45.04667
32.31996 49.50069
28.12961 53.64819
30.37153 61.92716
30.53763 59.72378
32.8445 57.752
30.30013 58.25786
35.25329 59.51448
35.68173 60.27134
32.99043 60.73852
35.5942 70.40803
32.07185 81.71289
32.86893 85.19382
32.93991 86.34338
32.8055 93.3952
33.3336 101.6289
30.90124 101.1001
27.60429 102.7693