Table 2 The effect of trade policy in overall on trade

lnGDPj

(+)

0.319***

(0.0508)

1.158***

(0.0803)

lnPOPj

(+)

− 0.301***

(0.0437)

0.105

(0.0691)

lnGDPi

(+)

0.976

(0.932)

0.0480

(1.473)

lnPOPi

(+)

− 1.011

(3.275)

− 0.844

(5.176)

lnDISTij

(− )

− 0.142

(0.127)

− 3.106***

(0.201)

lnNTBj

(− )

0.817***

(0.128)

− 0.457**

(0.202)

lnEPSi

(±)

1.199

(0.980)

− 0.273

(1.549)

lnEPSj

(±)

− 1.425***

(0.173)

0.0855

(0.274)

lnCOSTi

(±)

0.478

(0.296)

− 0.0407

(0.468)

lnCOSTj

(±)

− 0.0692*

(0.0363)

0.211***

(0.0574)

FTA

(+)

− 0.205

(0.246)

1.719***

(0.389)

CB

(+)

1.572***

(0.204)

− 2.133***

(0.322)

CL

(+)

1.216***

(0.134)

0.748***

(0.212)

Constant

(+)

3.457

(38.99)

21.01

(61.62)

Observations

150

150

R-squared

0.786

0.824

F test

38.39

48.97

Root MSE

0.36892

0.5831