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Journal of Shipping and Trade

Table 3 Trade model with random effects with estimation results for Logsums at the NUTS3 level (results of step 2 of the 2-step procedure)

From: Modelling production-consumption flows of goods in Europe: the trade model within Transtools3

 

(1)

ln_tonnes_0

(2)

ln_tonnes_1

(3)

ln_tonnes_2

(4)

ln_tonnes_3

(5)

ln_tonnes_4

(6)

ln_tonnes_5

(7)

ln_tonnes_6

(8)

ln_tonnes_7

(9)

ln_tonnes_8

(10)

ln_tonnes_9

ln_o_gdp

0.824

0.899

0.474

0.735

0.587

0.921

1.054

−0.002

1.123

1.175

ln_d_gdp

0.598

0.618

0.43

0.499

0.532

0.781

0.625

0.619

0.931

0.814

ln_o_gdp_cap

−0.274

−0.211

−1.051

−0.425

−0.352

−0.393

−0.556

−0.627

0.119

−0.018

ln_d_gdp_cap

−0.111

−0.094

0.422

0.316

−0.039

−0.094

−0.163

−0.39

−0.137

−0.104

both EU or EFTA

0.743

1.103

0.264

−1.204

0.357

0.435

0.357

−0.062

0.215

1.183

both EURO

0.596

−0.015

0.245

−0.298

0.562

0.124

0.423

1.191

0.324

0.181

neighbour countries

1.734

1.287

0.949

1.933

1.57

1.184

1.72

1.73

1.037

0.659

same language

0.742

1.02

0.899

0.968

0.903

0.671

0.777

0.106

0.945

0.963

same country

2.202

2.428

3.059

2.097

3.486

1.597

2.833

3.432

1.017

1.409

(278.871)

(341.09)

(236.361)

(390.437)

(375.926)

(224.792)

(416.866)

(322.995)

(159.475)

(224.089)

LogSum_NSTR_0

0.219

         

(168.795)

         

LogSum_NSTR_1

 

0.223

        
 

(223.05)

        

LogSum_NSTR_2

  

0

       
  

–

       

LogSum_NSTR_3

   

0.04

      
   

(91.606)

      

LogSum_NSTR_4

    

0.056

     
    

(41.201)

     

LogSum_NSTR_5

     

0.301

    
     

(305.503)

    

LogSum_NSTR_6

      

0.382

   
      

(373.995)

   

LogSum_NSTR_7

       

0.397

  
       

(261.085)

  

LogSum_NSTR_8

        

0.41

 
        

(470.569)

 

LogSum_NSTR_9

         

0.29

         

(327.156)

Intercept

−9.538

−9.504

−14.393

−12.59

−11.417

−12.199

−10.299

−0.816

−8.78

−12.604

(−105.409)

(−118.787)

(−126.565)

(−185.125)

(−64.125)

(−135.462)

(−94.105)

(−8.148)

(−83.572)

(−161.173)

Observations

1,144,042

1,281,877

356,789

1,249,786

636,420

1,005,574

1,150,606

491,506

1,197,438

1,472,537

Adjusted R 2

0.2047

0.3655

0.3094

0.4088

0.3061

0.3155

0.3341

0.3293

0.2556

0.3505

  1. t statistics in parentheses
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