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Table 2 The effect of OFDI on export trade: the full sample (wrong specifications)

From: Does Chinese OFDI really promote export?

Explanatory variable:
China’s exports to the host country
Estimation method: OLS Estimation method: PPML
(1) (2) (3) (4) (5) (6)
Current OFDI flow 0.459***
(11.33)
0.390***
(11.51)
0.206***
(3.73)
Current OFDI stock 0.487***
(10.44)
0.432***
(10.21)
0.075
(1.60)
Control variables in the gravity model No No No No Yes Yes
N 1354 1762 1354 1762 1331 1730
R 2 0.291 0.286 0.299 0.298 0.664 0.617
  1. Note: (1) the control variables in the gravity model include GDP of the host country, GDP of China, geographic distance, the border dummy, the common language dummy, the FTA with China dummy, the OECD dummy, the WTO dummy, regional fixed effects, legal origin fixed effects, year fixed effects; (2) the value in the brackets is the t statistic; (3) *** is the significant level of 1 %; (4) the estimation of the standard errors of coefficients is clustered on the individual country level