	(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	0.425***	0.425***	0.419***	0.374***	0.438***	0.427***	0.455***	0.432***	0.449***	0.445***	0.451***	0.458***
	(0.075)	(0.0764)	(0.0757)	(0.0685)	(0.0759)	(0.0772)	(0.0814)	(0.0771)	(0.0819)	(0.0807)	(0.0794)	(0.0808)
life	0.036	0.0662	0.0483	0.0726*	0.0259	0.0208	0.0640	0.0285	0.0467	0.0518	0.0194	0.0143
	(0.062)	(0.0605)	(0.0604)	(0.0437)	(0.0434)	(0.0601)	(0.0488)	(0.0447)	(0.0574)	(0.0482)	(0.0459)	(0.0519)
commarch	0.110***	0.102***	0.102***	0.0974***	0.0988***	0.0997***	0.0961***	0.0969***	0.0899***	0.0960***	0.0900***	0.0844***
	(0.021)	(0.0202)	(0.0200)	(0.0185)	(0.0192)	(0.0196)	(0.0201)	(0.0193)	(0.0200)	(0.0198)	(0.0194)	(0.0194)
logGDPCap	-1.603***	-1.092**	-1.111***	-1.567***	-1.524***	-1.193***	-1.041**	-1.143***	-0.849**	-1.068***	-1.112***	-0.502
	(0.498)	(0.436)	(0.422)	(0.440)	(0.479)	(0.452)	(0.418)	(0.432)	(0.409)	(0.405)	(0.428)	(0.370)
natres	0.117**	0.135**	0.133**	0.138***	0.113**	0.129**	0.126***	0.119***	0.140***	0.128***	0.110**	0.127***
	(0.056)	(0.0551)	(0.0548)	(0.0381)	(0.0448)	(0.0503)	(0.0437)	(0.0452)	(0.0508)	(0.0433)	(0.0461)	(0.0436)
EuroDiaspo	38.579**	27.06	35.18**	32.82**	31.27*	43.57***	29.07*	25.96	34.63**	35.79**	33.75*	31.66**
	(17.718)	(16.65)	(17.48)	(14.78)	(16.56)	(16.46)	(16.03)	(16.21)	(15.99)	(16.81)	(17.99)	(14.92)
english	1.771**	1.227	1.381	1.627***			1.182**			1.307**		
	(0.865)	(0.888)	(0.867)	(0.509)			(0.553)			(0.537)		
french	0.125	-0.00887	-0.00435		-1.138**			-0.921*			-0.989*	
	(0.900)	(0.911)	(0.902)		(0.555)			(0.558)			(0.563)	
Portuguese	0.806	-0.177	0.0123			0.229			-0.436			
	(1.066)	(0.955)	(0.958)			(1.057)			(0.978)			
Anticorrup	1.441***			1.318***	1.269***	1.293**						
	(0.509)			(0.434)	(0.455)	(0.507)						
PolRight		2.234*					1.976*	2.421**	2.344**			
		(1.144)					(1.167)	(1.113)	(1.163)			
CivLib			3.012**							2.774**	2.929**	
			(1.173)							(1.185)	(1.188)	
PolStab												0.0270*
												(0.0140)
Constant	-1.434	-2.643	-2.042	-2.516	1.249	-2.089	-2.595	1.097	-2.713	-2.225	1.374	-2.337
	(5.018)	(5.085)	(4.949)	(3.034)	(3.624)	(3.874)	(3.409)	(3.686)	(3.907)	(3.285)	(3.733)	(3.443)
												
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)	0.0896	0.0706	0.0818	0.103	0.112	0.107	0.216	0.0922	0.202	0.200	0.203	0.209
AR(1) p-value	0	0	0	0	0	0	0	0	0	0	0	0
AR(2) p-value	0.552	0.609	0.585	0.646	0.548	0.567	0.572	0.594	0.600	0.561	0.545	0.486
Standard errors in parentheses												
*** p<0.01, ** p<0.05, * p<0.1												
