From: Role of foreign direct investments in agriculture, forestry and fishing in developing countries
Variable | Number of panels | Number of periods | Statistic: rho | Z value | P value |
---|---|---|---|---|---|
VA | 16 | 20 | 0.7353 | − 3.295 | 0.0005 |
FDI | 16 | 20 | − 0.058 | − 24.7455 | 0.0000 |
DFA | 16 | 20 | 0.2838 | − 15.5027 | 0.0000 |
AFFGDP | 16 | 20 | 0.6929 | − 4.4405 | 0.0000 |
GFC | 16 | 20 | − 0.1192 | − 26.402 | 0.0000 |