The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 The influence of Colombian institutions on its exports
Variables | Control of corruption (t − 1) | Government effectiveness (t − 1) | Political stability (t − 1) | Regulatory quality (t − 1) | Rule of law (t − 1) | Voice and accountability (t − 1) |
|---|---|---|---|---|---|---|
Institutional indexCol (t − 1) | − 1.142** | 0.673** | 0.226*** | 0.993*** | 0.942*** | 0.522** |
(0.528) | (0.288) | (0.072) | (0.230) | (0.351) | (0.203) | |
LogDISTColj | − 1.312*** | − 1.311*** | − 1.317*** | − 1.316*** | − 1.314*** | − 1.315*** |
(0.285) | (0.285) | (0.285) | (0.284) | (0.285) | (0.285) | |
CONTIGColj | 0.201 | 0.197 | 0.217 | 0.217 | 0.200 | 0.210 |
(0.406) | (0.407) | (0.406) | (0.406) | (0.406) | (0.407) | |
COMLANGColj | 0.545 | 0.544 | 0.548 | 0.552 | 0.543 | 0.544 |
(0.372) | (0.372) | (0.372) | (0.372) | (0.372) | (0.372) | |
LogGDPj | 0.786*** | 0.786*** | 0.786*** | 0.786*** | 0.787*** | 0.786*** |
(0.087) | (0.087) | (0.087) | (0.087) | (0.087) | (0.087) | |
LogLABCOMPCol | 2.533** | 2.944** | 2.617*** | 2.044** | 2.586** | 2.990*** |
(1.071) | (1.149) | (0.878) | (0.882) | (1.202) | (1.010) | |
WTOj | − 0.444 | − 0.441 | − 0.454 | − 0.453 | − 0.443 | − 0.449 |
(0.698) | (0.698) | (0.698) | (0.697) | (0.698) | (0.698) | |
OECDj | 0.280 | 0.275 | 0.289 | 0.294 | 0.272 | 0.281 |
(0.540) | (0.542) | (0.544) | (0.544) | (0.542) | (0.544) | |
FTAColj | − 0.292* | − 0.284* | − 0.306* | − 0.316* | − 0.281* | − 0.293* |
(0.163) | (0.166) | (0.167) | (0.166) | (0.163) | (0.168) | |
Constant | − 14.791 | − 18.342* | − 14.889* | − 10.070 | − 14.621 | − 18.738** |
(9.800) | (10.549) | (8.145) | (8.443) | (11.379) | (9.328) | |
Observations | 1869 | 1869 | 1869 | 1869 | 1869 | 1869 |
R-squared | 0.889 | 0.889 | 0.888 | 0.894 | 0.895 | 0.887 |
Reset test | 0.654 | 0.681 | 0.683 | 0.699 | 0.691 | 0.681 |