(Indonesia)

(Malaysia)

(Philippines)

(Singapore)

(Thailand)

ln(OFDI)

ln(OFDI)

ln(OFDI)

ln(OFDI)

ln(OFDI)

G

0.0249^**

0.1512^***

0.0251^**

0.2193^***

0.0281^**

(1.007)

(0.393)

(0.509)

(0.821)

(0.351)

M

0.0241^**

0.2114^***

0.0345^**

0.2561^***

0.0483^**

(0.575)

(0.281)

(0.435)

(0.586)

(0.448)

ln(GDP)

0.2459^***

0.2071^**

0.2198^***

0.2174^**

0.2305^***

(0.526)

(0.339)

(0.429)

(0.678)

(0.407)

ln(TRADE)

0.1674^***

0.0361

0.0863^*

0.0463

0.1286^***

(0.458)

(0.268)

(0.733)

(0.565)

(0.291)

TAX

−0.1046^***

−0.0797^**

−0.0993^**

−0.1026^***

−0.0749^**

(0.501)

(0.446)

(0.386)

(0.385)

(0.431)

ln(EDIST)

−0.1064^***

−0.0123^*

−0.1038^***

−0.0131^*

−0.0951^**

(0.527)

(0.456)

(0.539)

(0.387)

(0.464)

RESOURCE

0.0185^**

0.032^***

0.0172^**

0.0059^*

0.0269^**

(0.151)

(0.144)

(0.109)

(0.196)

(0.128)

BR

0.0864^**

0.0426^***

0.0487^**

0.0105^**

0.0349^**

(0.736)

(0.853)

(0.947)

(0.795)

(0.816)

C

−8.8559

−9.0262^**

7.3824^*

−9.134^*

−6.2061

(3.755)

(2.616)

(2.161)

(4.098)

(3.037)