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Table 10 Trade and LSBCI

From: Liner shipping connectivity as determinant of trade

 

(1)

(2)

LN_Sea_Dist

−1.185 a

−0.279 a

(0.0273)

(0.0213)

Border

0.478 b

0.725 a

(0.186)

(0.0700)

Official_Lang

1.028 a

0.407 a

(0.0865)

(0.0698)

Ethno_Lang

0.0459

−0.0795

(0.0880)

(0.0542)

Colony

0.820 a

−0.276 a

(0.143)

(0.0624)

Common_Col

0.803 a

0.652 a

(0.0711)

(0.0861)

RTA

0.745 a

0.405 a

(0.0509)

(0.0454)

Currency

0.0497

−0.365 a

(0.211)

(0.0914)

LSBCI

3.123 a

0.029 a

(0.385)

(0.211)

LN_GDP_X

 

0.794 a

 

(0.0137)

LN_GDP_M

 

0.730 a

 

(0.0225)

Time period FE

Yes

Yes

Exporter FE

-

Yes

Importer FE

-

Yes

Exporter-year FE

Yes

-

Importer-year FE

Yes

-

Observations

89,043

138,328

R 2

0.789

-

Adjusted R 2

0.783

-

LL

 

−1.43191e+14

Chi_2

 

18152.8

  1. Robust standard errors (clustered by country-pair) are in parentheses.a p < 0.01,b p < 0.05. Results reported in column (1) are obtained with the standard OLS estimator; the LN_Sea_Dist, LN_GDP_M and LN_GDP_X variables are in natural logs. Results reported in column (2) are obtained with a Poisson Pseudo Maximum Likelihood estimator
  2. Bold figures are coefficients' estimates