Exit | (1) probit | (2) probit | (3) probit | (4) probit | (5) IV-probit | (6) IV-probit | (7) logit |
lnreer | 0.0169*** | 0.0163*** | 0.0166*** | 0.0164*** | 0.0123*** | 0.0080*** | 0.0277*** |
| (0.0006) | (0.0008) | (0.0007) | (0.0007) | (0.0010) | (0.0016) | (0.0012) |
lngdp |
| −0.0640*** | −0.0658*** | −0.0532*** | −0.0278*** | −0.0210*** | −0.0886*** |
|
| (0.0007) | (0.0007) | (0.0007) | (0.0009) | (0.0014) | (0.0011) |
lngdppc |
| −0.0044*** | −0.0053*** | −0.0223*** | −0.0184*** | −0.0197*** | −0.0373*** |
|
| (0.0013) | (0.0012) | (0.0012) | (0.0017) | (0.0027) | (0.0020) |
lndistance |
| 0.0467*** | 0.0592*** | 0.0681*** | 0.0458*** | 0.0285*** | 0.1137*** |
|
| (0.0016) | (0.0015) | (0.0015) | (0.0020) | (0.0031) | (0.0025) |
tfp |
|
| −0.0039*** | −0.0052*** | 0.0014 | 0.0139*** | −0.0084*** |
|
|
| (0.0011) | (0.0010) | (0.0015) | (0.0024) | (0.0018) |
profit |
|
| −0.4953*** | −0.4371*** | −0.5816*** | −0.7407*** | −0.7345*** |
|
|
| (0.0128) | (0.0124) | (0.0183) | (0.0281) | (0.0208) |
lnsize |
|
| −0.0296*** | −0.0166*** | −0.0082*** | −0.0125*** | −0.0274*** |
|
|
| (0.0007) | (0.0006) | (0.0009) | (0.0015) | (0.0011) |
lnage |
|
| 0.1369*** | 0.1017*** | 0.0545*** | 0.0479*** | 0.1695*** |
|
|
| (0.0015) | (0.0014) | (0.0021) | (0.0037) | (0.0023) |
exp |
|
| −0.2096*** | −0.1319*** |
|
| −0.2202*** |
|
|
| (0.0021) | (0.0021) |
|
| (0.0036) |
lnvalue |
|
|
| −0.1403*** | −0.1222*** | −0.1193*** | −0.2365*** |
|
|
|
| (0.0004) | (0.0006) | (0.0009) | (0.0007) |
share |
|
|
| −0.4468*** | −0.2659*** | −0.1980*** | −0.7429*** |
|
|
|
| (0.0033) | (0.0045) | (0.0069) | (0.0056) |
lnvariety |
|
|
| −0.0451*** | −0.0682*** | −0.0784*** | −0.0754*** |
|
|
|
| (0.0011) | (0.0015) | (0.0023) | (0.0018) |
_cons | 0.2501*** | 1.6406*** | 1.5914*** | 2.8872*** | 1.6438*** | 1.3602*** | 4.8313*** |
| (0.0035) | (0.0216) | (0.0221) | (0.0213) | (0.0289) | (0.0446) | (0.0358) |
N | 3,091,342 | 3,091,342 | 3,091,342 | 3,091,342 | 1,081,054 | 477,032 | 3,091,342 |
Loglikelihood | −2,045,924.4 | −2,038,349.8 | −2,029,267.3 | −1,929,833.6 | 1,146,568.6 | 311,194.52 | −1,929,438.5 |
Wald chi2 | 36,097.76 | 49,578.34 | 69,414.36 | 242,809.83 | 85,432.49 | 37,056.22 | 225,413.93 |
Prob > chi2 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |