﻿;"Dependent variable: RnD"
"(1) FE";"(2) FE-GLS";"(3) FE2SLS-GLS";"(4) FE";"(5) FE-GLS";"(6) FE2SLS-GLS"
IFDI;"–4.894617** (1.949985)";"–2.903959*** (0.822258)";"–9.752749*** (2.006414)";–;–;–
IFDI(–1);–;–;–;"–4.359677** (1.777275)";"–3.490788*** (0.713831)";"–10.299990*** (2.291407)"
OFDI;"2.014982 (2.656647)";"2.346997* (1.181310)";"7.933830* (4.277609)";–;–;–
OFDI(–1);–;–;–;"2.511971 (2.507802)";"2.512381*** (0.831396)";"3.117150 (6.410033)"
Human;"0.332282** (0.128733)";"0.321836*** (0.054693)";"0.391716*** (0.079459)";"0.313774** (0.131008)";"0.359010*** (0.043833)";"0.396215*** (0.073605)"
Capital;"0.023553*** (0.006879)";"0.014661*** (0.002976)";"0.014489*** (0.004954)";"0.021704*** (0.006903)";"0.017632*** (0.002344)";"0.019966*** (0.004108)"
Growth;"–0.009277 (0.007064)";"–0.012334*** (0.002854)";"–0.006256 (0.004706)";"–0.016104** (0.006529)";"–0.013543*** (0.002057)";"–0.013942*** (0.003752)"
Constant;"–0.285118 (0.390809)";"–0.046905 (0.164213)";"–0.149674 (0.244079)";"–0.176250 (0.422350)";"–0.208345 (0.124845)";"–0.205794 (0.228272)"
"BP-LM test stat (Prob)";"52.36147 (0.0000)";"7.002344 (0.7252)";"5.647129 (0.8440)";"51.02263 (0.0000)";"4.362508 (0.9295)";"6.218088 (0.7966)"
;;;;;;
"Prob (F-statistics)";0.000000;0.000000;0.000000;0.000000;0.000000;0.000000
"Adjusted R2";0.845797;0.941000;0.910864;0.876536;0.968328;0.940732
N;75;75;70;70;70;65
