Analyzing the Agricultural Trade Impacts of the Canada-Chile Free Trade Agreement



Table 5: Effect of CCFTA on Canadian Exports

OLS

(1)

FE

(2)

OLS

(3)

FE
(4)

OLS

(5)

FE

(6)

Chili Dummy

0.1330

-0.2482*

-0.0789

-0.0615

-0.0826

0.0333

(0.1583)

(0.1415)

(0.1261)

(0.1034)

(0.1694)

(0.1363)

FTA dummy

-0.1493

0.1250

0.1770

0.2079

0.0191

-0.0410

(0.1882)

(0.1680)

(0.1739)

(0.1421)

(0.2259)

(0.1795)

%Δ(Exchange

-0.0758

-0.1150***

rate)

(0.0531)

(0.0425)

log(GDP)

0.0357***

0.0412***

0.0297***

0.0342***

(0.0053)

(0.0044)

(0.0073)

(0.0060)

Furtalizer

-0.0000

0.0000**

0.0000

0.0000***

(0.0000)

(0.0000)

(0.0000)

(0.0000)

log(Ag. land)

0.1581***

0.1197***

0.2072***

0.1581***

(0.0060)

(0.0050)

(0.0085)

(0.0071)

Ag. land per

-11.2879***

-12.4622***

-15.9266***

-17.4019***

worker

(0.8435)

(0.6981)

(1.3476)

(1.0970)

log(Distance)

0.1229***

0.1241***

0.1832***

0.2067***

(0.0260)

(0.0220)

(0.0355)

(0.0299)

Common

-0.0534

-0.1243***

0.0441

-0.0867**

language

(0.0351)

(0.0294)

(0.0511)

(0.0424)

Landlocked

-0.2879***

-0.5439***

-0.4899***

-0.7542***

(0.0685)

(0.0567)

(0.1152)

(0.0936)

Island

-0.5742***

-0.2177***

-0.6564***

-0.2383***

(0.0359)

(0.0301)

(0.0500)

(0.0415)

Constant

10.7359***

10.7044***

7.9304***

7.9347***

7.6473***

7.6378***

(0.0386)

(0.0346)

(0.2273)

(0.1938)

(0.3097)

(0.2628)

R2

0.0369

0.0278

0.1051

0.0830

0.1364

0.1041

N___________

126955

126955

35691

35691

18815

18815

Notes: The dependent variable is log of Canadian exports value (annual). Standard errors in
parentheses. Columns (2), (4) and (6) include industry fixed effects. All specifications include
time fixed effects.

26



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