Research Article
China’s Outward Foreign Direct Investment and Bilateral Trade Potential: A Theoretical and Empirical Study
Table 6
A comparative experiment between countries along the BRI and strong trading powers.
| Variables | Countries along the BRI | Strong trading powers | (1) | (2) | (3) | (4) | (5) | (6) |
| lnOFDI | 0.015 (0.002) | 0.017 (0.002) | 0.015 (0.003) | 0.006 (0.001) | 0.006 (0.001) | 0.005 (0.002) | Control variables | Yes | Yes | Yes | Yes | Yes | Yes | Time effects | Yes | Yes | Yes | Yes | Yes | Yes | Individual effects | Yes | Yes | Yes | Yes | Yes | Yes | Obs. | 845 | 845 | 845 | 448 | 448 | 448 | R2 | 0.490 | 0.375 | 0.507 | 0.494 | 0.538 | 0.228 |
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Note. , , and mean that the variables are significant at 1%, 5%, and 10% level, respectively; standard deviations are shown in parentheses. |