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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 12 Robustness checks

From: Trade liberalization and premature deindustrialization in Colombia

Variables (1)
Within with IV—basic exports
(2)
Within with IV (MFN tariff)
(3)
Within with IV—additional variables
Manufacturing/GDP Manufacturing/GDP Manufacturing/GDP
AET 0.216***
(0.0260)
0.335***
(0.0622)
0.192***
(0.0322)
ME exports/total exports   − 0.0652***
(0.0240)
− 0.0134
(0.0230)
GDP per capita − 0.000865***
(0.000270)
− 0.00110***
(0.000351)
− 0.00108***
(0.000288)
International trade/GDP (0.0157)
− 0.0303
0.0250
(0.0264)
− 0.0194
(0.0210)
FDI/GDP − 0.188*
(0.105)
− 0.131
(0.0985)
− 0.234**
(0.101)
Real exchange rate − 0.0882***
(0.0157)
− 0.0338*
(0.0197)
− 0.0785***
(0.0156)
% of basic exports − 0.0177
(0.0189)
  
Terms of Trade Index    − 0.0163
(0.0101)
Domestic credit (% GDP)    0.0392***
(0.0119)
Constant 30.17***
(1.799)
23.01***
(2.178)
30.24***
(1.778)
Observations 229 167 225
R 2   0.551 0.587
Countries 8 8 8
  1. Standard errors in parenthesis
  2. *** p < 0.01; ** p < 0.05; * p < 0.1