Table 3 Fixed effects cross sectional time series regression analysis, FDI, 2004–2014

From: Toward quantifying soft power: the impact of the proliferation of information technology on governance in the Middle East

Variables

Coefficient

Standard Error

Significance

Internet subscribers (per 100)it-1

−5.30e+07

2.25e+07

*

Mobile subscribers (per 100)it-1

2.13e+07

1.14e+07

^

GNI per capita

−18716.75

78998.54

NS

Government effectiveness

2.69e+09

1.52e+09

^

Political stability

−2.49e+08

7.68e+08

NS

ODA & Foreign aid

.0081499

.1441955

NS

Imports

−2592766

1.61e+07

NS

Constant

3.00e+08

2.45e+09

NS

Prob.>F

<0.000

  

R 2

0.74

  

Observations

219

  
  1. Dependent variable: FDI—the overall balance of foreign assets to liabilities in a country measured in current US dollars
  2. Level of significance on a two-tailed test denoted by the following symbols:
  3. NS—not significant, ^p<0.10, *p<0.05, **p<0.01, ***p<0.001.
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