Local and foreign | Local | Foreign | ||||
---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | |
Panel A | ||||||
Foreign experience | −0.001 | −0.002 | −0.004 | −0.005 | 0.010 | 0.006 |
(0.012) | (0.012) | (0.013) | (0.013) | (0.027) | (0.029) | |
Constant | 0.218 | 0.310 | 0.207 | 0.256 | 0.260 | 0.584 |
(0.013)*** | (0.063)*** | (0.015)*** | (0.065)*** | (0.031)*** | (0.172)*** | |
Controls | No | Yes | No | Yes | No | Yes |
N | 1938 | 1938 | 1538 | 1538 | 400 | 400 |
R2 | 0.000 | 0.029 | 0.000 | 0.034 | 0.000 | 0.083 |
Panel B | ||||||
Malaysia | 0.004 | −0.000 | 0.004 | −0.001 | 0.009 | 0.000 |
(0.018) | (0.018) | (0.020) | (0.020) | (0.042) | (0.042) | |
Singapore | −0.006 | −0.003 | −0.012 | −0.010 | 0.011 | 0.012 |
(0.018) | (0.018) | (0.019) | (0.019) | (0.042) | (0.043) | |
Constant | 0.218 | 0.310 | 0.207 | 0.256 | 0.260 | 0.584 |
(0.013)*** | (0.063)*** | (0.015)*** | (0.065)*** | (0.031)*** | (0.173)*** | |
Controls | No | Yes | No | Yes | No | Yes |
N | 1938 | 1938 | 1538 | 1538 | 400 | 400 |
R2 | 0.000 | 0.029 | 0.000 | 0.034 | 0.000 | 0.083 |