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Table 7 Differences in Differences (DID) Regressions (2010 to 2019)

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

Variable

Transshipment

Caribbean C

Central America (CA)

South America (SA)

 

Before

After

Before

After

Before

After

Before

After

Control

23,000

270,000

130,000

120,000

320,000

410,000

270,000

260,000

Treated

1,300,000

1,500,000

1,300,000

1,200,000

2,900,000

3,200,000

1,100,000

130,000

Diff (T-C)

1,000,000

1,200,000

1,200,000

1,100,000

2,500,000

2,800,000

820,000

1,100,000

S.Err.

60,000

73,000

41,000

48,000

100,000

130,000

99,000

120,000

t

17.59

16.64

29.41

22.6

24.4

22.15

9.07

8.1

p-value

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

Diff-in Diff (DID)

170,000

−140,000

280,000

260,000

t

1.77

2.25

1.72

1.81

p-value

0.077*

0.026**

0.087*

0.095*

S.Err.

94,000

63,000

160,000

260,000

R

0.41

0.87

0.83

0.35

  1. Note: the DID regression models for the dependent variable Y (TEUs) is average container port throughput for the four (4) variables transshipment, Caribbean, Central, and South America. The Post-treatment period (After PCE) is equal to 1, 2016, 2017, 2018, 2019. Pre-Treatment period (Before PCE) is equal to 0 in 2010, 2011, 2012, 2013, 2014, 2015. The treated port and Controlled port results were used to determine the Diff (T-C) for each “Before and After” period for transshipment and the three (3) regional ports. The symbols *, **, and *** indicate statistical significance at the 10%, 5%, and 1% levels. Source: Own Elaboration