	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
VARIABLES	FDI	FDI	FDI	FDI	FDI	FDI	FDI	FDI	FDI	FDI	FDI	FDI
												
L.FDI	0.418***	0.462***	0.459***	0.482***	0.415***	0.421***	0.408***	0.406***	0.414***	0.412***	0.353***	0.394***
	(0.075)	(0.0797)	(0.0791)	(0.0781)	(0.0772)	(0.0766)	(0.0770)	(0.0764)	(0.0760)	(0.0755)	(0.0702)	(0.0748)
life	0.027	0.0476	0.0454	0.00617	0.0601	0.0294	0.0521	0.0493	0.0129	0.00611	0.0381	-0.0193
	(0.063)	(0.0636)	(0.0462)	(0.0496)	(0.0482)	(0.0445)	(0.0556)	(0.0482)	(0.0453)	(0.0495)	(0.0433)	(0.0501)
commarch	0.093***	0.0889***	0.0959***	0.0948***	0.0916***	0.0871***	0.0843***	0.0902***	0.0848***	0.0796***	0.0836***	0.0812***
	(0.020)	(0.0202)	(0.0198)	(0.0206)	(0.0193)	(0.0189)	(0.0189)	(0.0191)	(0.0186)	(0.0185)	(0.0177)	(0.0183)
logGDPCap	-2.001***	-1.434***	-1.862***		-1.296***	-1.468***	-1.154***	-1.351***	-1.564***	-0.751**	-1.037***	-0.530
	(0.564)	(0.490)	(0.508)		(0.442)	(0.461)	(0.441)	(0.435)	(0.460)	(0.382)	(0.387)	(0.354)
natres	0.110**	0.121**	0.122***	0.105**	0.130***	0.112***	0.148***	0.129***	0.108**	0.129***	0.128***	0.147***
	(0.054)	(0.0550)	(0.0424)	(0.0434)	(0.0417)	(0.0433)	(0.0489)	(0.0413)	(0.0427)	(0.0415)	(0.0383)	(0.0420)
WorldDiaspo	29.079*	31.73*	36.30**	21.02	21.55	25.42*	28.88**	26.94	31.95**	24.72*		
	(16.026)	(16.37)	(16.03)	(15.13)	(15.54)	(14.96)	(14.68)	(16.47)	(15.94)	(13.85)		
english	0.867	0.425	1.445***		1.273**			1.411***				
	(0.861)	(0.946)	(0.540)		(0.549)			(0.530)				
french	-0.880	-0.701				-1.189**			-1.375***			
	(0.842)	(0.867)				(0.500)			(0.498)			
Portuguese	0.283	-0.407					-0.811					
	(1.020)	(0.956)					(0.914)					
Anticorrup	1.438***		1.383***									
	(0.515)		(0.467)									
PolRight		2.352*			2.091*	2.368**	2.497**					
		(1.259)			(1.176)	(1.142)	(1.150)					
agric				0.0680**								
				(0.0313)								
Manuf				-0.0397								
				(0.0794)								
services				0.117***								
				(0.0431)								
CivLib								2.725**	3.139***		2.627**	
								(1.213)	(1.210)		(1.045)	
PolStab										0.0292**		0.00799
										(0.0136)		(0.0150)
savings											26.54**	
											(11.49)	
diaspPolStab												0.943**
												(0.389)
Constant	4.311	2.204	1.232	-10.82***	0.173	4.343	-0.0686	0.926	5.842*	0.725	0.102	1.145
	(5.249)	(5.307)	(3.231)	(3.904)	(3.436)	(3.427)	(3.934)	(3.413)	(3.538)	(3.150)	(3.050)	(3.125)
												
Observations	210	210	210	210	210	210	210	210	210	210	210	210
Number of id	14	14	14	14	14	14	14	14	14	14	14	14
Sargan (p-value)	0.0927	0.313	0.332	0.289	0.127	0.138	0.150	0.105	0.109	0.135	0.155	0.0820
AR(1) p-value	0	0	0	0	0	0	0	0	0	0	0	0
AR(2) p-value	0.628	0.631	0.607	0.490	0.665	0.655	0.719	0.662	0.647	0.574	0.709	0.630
Standard errors in parentheses												
*** p<0.01, ** p<0.05, * p<0.1												
