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 |