Table 3: Effect of CCFTA on Canadian Imports
|
OLS (1) |
FE (2) |
OLS (3) |
FE (4) |
OLS (5) |
FE (6) | |
|
Chili Dummy |
0.3304*** |
-0.1224 |
0.7257*** |
0.5845*** |
0.5802*** |
0.4070*** |
|
(0.1171) |
(0.1101) |
(0.1066) |
(0.0990) |
(0.1213) |
(0.1139) | |
|
FTA dummy |
0.3003** |
0.4682*** |
0.2172* |
0.2208*** |
0.2426 |
0.2935* |
|
(0.1493) |
(0.1394) |
(0.1257) |
(0.0856) |
(0.1823) |
(0.1666) | |
|
%Δ(Exchange |
0.0054 |
0.1384*** | ||||
|
rate) |
(0.0503) |
(0.0460) | ||||
|
log(GDP) |
-0.0491*** |
-0.0503*** |
-0.0348*** |
-0.0413*** | ||
|
(0.0068) |
(0.0064) |
(0.0078) |
(0.0073) | |||
|
Furtalizer |
0.0000*** |
0.0000*** |
0.0000*** |
0.0000*** | ||
|
(0.0000) |
(0.0000) |
(0.0000) |
(0.0000) | |||
|
log(Ag. land) |
0.1400*** |
0.1967*** |
0.1302*** |
0.1719*** | ||
|
(0.0082) |
(0.0077) |
(0.0093) |
(0.0088) | |||
|
Ag. land per |
13.3777*** |
2.8032* |
15.0397*** |
1.9755 | ||
|
worker |
(1.5690) |
(1.4932) |
(1.7283) |
(1.6654) | ||
|
log(Distance) |
-0.0604* |
-0.0637* |
-0.0976** |
-0.0766* | ||
|
(0.0364) |
(0.0347) |
(0.0408) |
(0.0394) | |||
|
Common |
-0.2123*** |
-0.1548*** |
-0.1859*** |
-0.1782*** | ||
|
language |
(0.0423) |
(0.0391) |
(0.0471) |
(0.0441) | ||
|
Landlocked |
-0.7447*** |
-0.7911*** |
-0.4669*** |
-0.5155*** | ||
|
(0.0868) |
(0.0802) |
(0.1052) |
(0.0983) | |||
|
Island |
-0.0610 |
0.0209 |
-0.0395 |
0.0504 | ||
|
(0.0463) |
(0.0427) |
(0.0515) |
(0.0481) | |||
|
Constant |
11.2851*** |
11.0899*** |
9.9688*** |
9.3612*** |
10.0655*** |
9.4268*** |
|
(0.0463) |
(0.0436) |
(0.3028) |
(0.2946) |
(0.3397) |
(0.3341) | |
|
R2 |
0.0189 |
0.0151 |
0.0405 |
0.0421 |
0.0432 |
0.0392 |
|
N |
119927 |
119927 |
39332 |
39332 |
29496 |
29496 |
Notes: The dependent variable is log of Canadian imports value (annual). Standard errors in
parentheses. Columns (2), (4) and (6) include industry fixed effects. All specifications include
time fixed effects.
24
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