FGVCP

BGVCP

(1)

(2)

TA * TIME

0.0756***

0.0653**

(0.0263)

(0.0260)

Constant

4.166***

3.753***

(0.0148)

(0.0146)

Export-time FE

YES

YES

Import-time FE

YES

YES

Country-pair FE

YES

YES

Observations

18,060

18,060

R-squared

0.988

0.988