Table Head

Variables

Table Column Head

(1)

(2)

(3)

(4)

(5)

(6)

Log of exports

Log of exports

Log of exports

Log of exports

Log of exports

Log of exports

Legal right strength

2.23^*

(1.33)

No of Phone lines

0.92^*

(0.48)

Domestic institutions

4.21^*

(2.50)

WTO dummy

11.45^*

(6.78)

Multilateral Aid

0.0002

(0.0001)

International institutions

1.75^*

(1.04)

Exchange rate

0.01

0.01^*

0.01

0.09^*

0.02

0.03^*

(0.01)

(0.01)

(0.01)

(0.05)

(0.01)

(0.02)

FDI

0.01

0.01

0.01

0.01

0.01

−0.01

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

Market Access

−0.31

0.33^**

−0.23

−0.03^*

−0.04

−0.95^*

(0.37)

(0.14)

(0.36)

(0.16)

(0.37)

(0.56)

Market size

0.33

−0.01^*

0.35

1.54^*

0.40^*

0.71^**

(0.22)

(0.01)

(0.22)

(0.79)

(0.22)

(0.34)

Average tariffs

−0.67

4.14^**

1.671^**

−0.387

1.928^**

2.746^**

(1.02)

(1.68)

(0.74)

(0.91)

(0.87)

(1.10)

A-B (ar2) test (p-value)

0.65

0.24

0.62

0.73

0.49

0.83

Sargan Test (p-value)

1.00

1.00

1.00

1.00

1.00

1.00

Observations

210

210

210

210

210

210