Variables

FGVCP

BGVCP

RNTA

FTA

CCE

RNTA

FTA

CCE

(1)

(2)

(3)

(4)

(5)

(6)

TA * TIME * N-N

-

−0.00726

-

-

0.0147

-

(0.0371)

(0.0346)

TA * TIME * N-S

0.00198

0.234***

0.231***

−0.0434

0.167***

0.194***

(0.142)

(0.0553)

(0.0606)

(0.149)

(0.0519)

(0.0567)

TA * TIME * S-N

−0.123

0.217***

0.320***

−0.117

0.206***

0.367***

(0.121)

(0.0600)

(0.0740)

(0.151)

(0.0689)

(0.0745)

TA * TIME * S-S

−0.0507

−0.150

0.102*

−0.110*

−0.238**

0.141**

(0.0514)

(0.137)

(0.0563)

(0.0590)

(0.0941)

(0.0563)

BIT

−0.112

−0.0823

−0.0676

−0.0541

−0.0592

−0.0418

(0.0714)

(0.0610)

(0.0586)

(0.0655)

(0.0556)

(0.0524)

Dist * 2006

6.53e−07

−4.80e−06

−3.15e−06

−5.63e−06

−9.61e−06**

−7.64e−06*

(5.70e−06)

(4.90e−06)

(4.06e−06)

(5.52e−06)

(4.69e−06)

(4.00e−06)

Dist * 2007

5.89e−07

−1.07e−06

−1.85e−06

−5.53e−07

−3.05e−06

−5.50e−06

(5.67e−06)

(4.85e−06)

(3.93e−06)

(5.70e−06)

(4.88e−06)

(4.00e−06)

Dist * 2008

8.86e−06

2.00e−06

−6.02e−07

2.86e−06

−3.54e−06

−5.18e−06

(5.70e−06)

(4.72e−06)

(3.84e−06)

(5.60e−06)

(4.76e−06)

(3.99e−06)

Dist * 2009

7.06e−06

3.32e−06

1.96e−06

5.93e−06

1.73e−06

2.41e−06

(5.40e−06)

(4.54e−06)

(3.84e−06)

(5.44e−06)

(4.52e−06)

(3.85e−06)

Dist * 2010

6.04e−06

3.49e−06

−1.57e−06

5.79e−06

1.73e−06

−1.71e−06

(5.68e−06)

(4.69e−06)

(3.76e−06)

(5.57e−06)

(4.48e−06)

(3.77e−06)

Dist * 2011

5.19e−06

3.51e−06

−2.42e−06

2.44e−06

−7.82e−08

−3.45e−06

(5.88e−06)

(4.71e−06)

(3.85e−06)

(5.91e−06)

(4.70e−06)

(3.94e−06)

Dist * 2012

8.25e−06

7.04e−06

−1.30e−07

2.60e−06

1.22e−06

−3.17e−06

(5.73e−06)

(4.69e−06)

(3.69e−06)

(5.80e−06)

(4.66e−06)

(3.79e−06)

Dist * 2013

8.92e−06

6.08e−06

7.43e−07

8.00e−06

4.05e−06

−5.93e−07

(6.94e−06)

(5.29e−06)

(4.24e−06)

(7.11e−06)

(5.28e−06)

(4.26e−06)

Dist * 2014

−2.55e−06

3.90e−06

3.23e−06

−5.88e−07

2.95e−06

2.15e−06

(7.25e−06)

(5.29e−06)

(4.33e−06)

(7.58e−06)

(5.39e−06)

(4.39e−06)

Constant

4.266***

4.167***

4.137***

3.899***

3.806***

3.722***

(0.0396)

(0.0316)

(0.0221)

(0.0410)

(0.0293)

(0.0228)

Export-time FE

YES

YES

YES

YES

YES

YES

Import-time FE

YES

YES

YES

YES

YES

YES

Country-pair FE

YES

YES

YES

YES

YES

YES

Observations

7776

10,196

18,060

7776

10,196

18,060

R-squared

0.987

0.986

0.988

0.986

0.986

0.988