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Table 3 Classification of Treatment and Control Groups (100 Ports) within LAC

From: Impact of the Panama Canal expansion on Latin American and Caribbean ports: difference in difference (DID) method

Groups

Code

Description

Treatment Ports (DTrp)

1

Treatment ports include transshipment ports and ports with annual throughputs of over a million TEUs. 500,000 ≤ TEUs ≤ 5,000,000.

Control Ports (CONTp)

0

Control ports include regular ports (non-transshipment ports) within the regions with annual TEUs below 1 million. 20,000 ≤ TEUs ≤ 500,000.

Time

Code

Description

Post-Treatment Period (Postt)

1

The period after the PCE from 2016 to 2019. Condition: 2016 ≤ After ≤ 2019

 

0

Period before the PCE from 2010 to 2016

Condition: 2010 ≤ Before ≤ 2016 a

  1. a the completion date for the expansion was July 26, 2016. Source: Own Elaboration