| FGVCP | BGVCP |
(1) | (2) | |
TA * TIME * N-N | −0.0343 | 0.00786 |
(0.0369) | (0.0342) | |
TA * TIME * N-S | 0.208*** | 0.144*** |
(0.0384) | (0.0368) | |
TA * TIME * S-N | 0.165*** | 0.178*** |
(0.0437) | (0.0444) | |
TA * TIME * S-S | −0.0260 | −0.0569 |
(0.0466) | (0.0455) | |
Dist * 2006 | −3.12e−06 | −7.65e−06* |
(4.03e−06) | (3.98e−06) | |
Dist * 2007 | −2.58e−06 | −6.70e−06* |
(3.93e−06) | (3.99e−06) | |
Dist * 2008 | −9.04e−07 | −6.01e−06 |
(3.87e−06) | (3.97e−06) | |
Dist * 2009 | 1.69e−06 | 1.57e−06 |
(3.82e−06) | (3.82e−06) | |
Dist * 2010 | −5.01e−07 | −1.45e−06 |
(3.82e−06) | (3.79e−06) | |
Dist * 2011 | −1.97e−06 | −4.00e−06 |
(3.88e−06) | (3.96e−06) | |
Dist * 2012 | 3.12e−07 | −3.71e−06 |
(3.72e−06) | (3.80e−06) | |
Dist * 2013 | 1.09e−06 | −1.21e−06 |
(4.24e−06) | (4.27e−06) | |
Dist * 2014 | 3.38e−06 | 1.46e−06 |
(4.35e−06) | (4.40e−06) | |
Constant | 4.164*** | 3.765*** |
(0.0216) | (0.0213) | |
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 |