Variable

Coefficient

Std. Error

t-Statistic

Prob.

FDI

0.053236

0.017426

3.054975

0.0447

GOV

−0.019251

0.003256

−5.912470

0.0157

AID

0.151072

0.029037

5.202741

0.0225

EXPORTS

0.130681

0.025669

5.091005

0.0328

D_FDI(−1)

1.145415

0.458919

2.495901

0.0412

D_GOV(−1)

0.298499

0.257358

1.159860

0.2841

R-squared

0.838257

Mean dependent var

4.122682

Adjusted R-squared

0.803212

S.D. dependent var

2.556534

S.E. of regression

1.134099

Akaike info criterion

3.097340

Sum squared resid

9.003271

Schwarz criterion

4.309450

Log likelihood

−25.65478

Hannan-Quinn criter.

3.510704

F-statistic

6.180499

Durbin-Watson stat

2.818893

Prob(F-statistic)

0.009353