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



Table 6 : Effect of CCFTA Tariff Cuts on Canadian Exports

Dependent variable:

Imports growth rate

Exports growth rate

(1)

(2)

(3)

(4)

(5)

(6)

%Δtariff

-1.1094***

-1.0980***

-0.7456*

-0.7361*

0.1546

0.2054*

(0.4151)

(0.4084)

(0.4317)

(0.4222)

(0.1070)

(0.1226)

%Δtariff other countries

0.0465

0.0570

(0.0451)

(0.0479)

Constant

0.2456

0.2465

0.3251

0.3479

-0.2167

0.2667

(0.2285)

(0.2264)

(0.2342)

(0.2308)

(0.3235)

(0.3517)

Industry fixed effects

NO

NO

YES

YES

NO

YES

R2__________________

0.0071

0.0080

0.0096

0.0110

0.0332

0.0387

Number of observations

2260

2153

2260

2153

640

640

Notes: The dependent variable is an annual growth rate of Canadian imports in columns (1)-(4) and
annual growth rate of Canadian exports in columns (5) and (6). Standard errors in parentheses. Columns
(2), (4) and (6) include industry fixed effects. All specifications include time fixed effects.

27



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