Determinants of U.S. Textile and Apparel Import Trade

Table 3. Gravity Model Estimates on the Import of Textiles and Apparel

Variable name	Textile		Apparel
Variable name	Point Estimate	P-value	Point Estimate	P-value
Intercept	382.46	0.1773	45627.66	0.0001
GDPi	0.00026***	0.0001	-0.00022***	0.0192
PCIi	-0.018***	0.0001	0.0188*	0.0828
GDPus	-0.00021	0.1688	0.0112***	0.0001
PCIus	0.098**	0.0482	-3.823***	0.0001
EXRATEius	-40.05***	0.0029	-2827.24***	0.0001
INFRATEus	-15.27***	0.0005	292.43***	0.0001
INFRATEi	-1.436***	0.0001	-47.002***	0.0001
DISTius	-0.083***	0.0001	-0.8105***	0.0001
DMFA	-492.34***	0.0001	-5979.63***	0.0001
R²	0.86		0.94

***

**

*

Refers to significance at 1% level

Refers to significance at 5% level

Refers to significance at 10% level

22

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