Future Business Journal

Table 3 Conditional and unconditional FDI growth estimates

From: Global FDI inflows and outflows in emerging economies Post-COVID-19 era

		B	B₁	B₂
Indonesia	Coefficient t-Statistic		0.423 5.428***	− 0.0802 − 5.243***
Brazil	Coefficient t-Statistic	0.326 2.322**	− 0.776 − 1.838*	− 0.316 − 2.232
India	Coefficient t-Statistic	0.046 1.214	0.779 2.268***	− 0.0723 − 1.788*
South Africa	Coefficient t-Statistic		0.336 4.062***	− 0.027 − 0.803
Turkey	Coefficient t-Statistic	0.128 2.082**	0.682 1.709***	− 0.305 − 2.973**

Up to lag 4, the t-Statistic^# is based on the lowest AIC where it is lag 4 for Brazil and Turkey and lag 2 for India

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