highly significantp≤0.01
Variables such as GDP growth (GDPG), inflation (INFL), carbon dioxide emissions (CO 2 ), and urbanization (URB) are found to be highly significant (p≤0.01) in their impact on FDI.
Variables such as GDP growth (GDPG), inflation (INFL), carbon dioxide emissions (CO 2 ), and urbanization (URB) are found to be highly significant (p≤0.01) in their impact on FDI.
Four independent variables, namely GDPG, INFL, CO 2 , and URB, have highly significantly (p ≤ 0.01) influenced FDI, while UNEMP had a positive and somewhat significant influence (p ≤ 0.1) on the dependent variable in the long run.