| FGVCP | BGVCP |
(1) | (2) | |
TA * TIME * N-N | −0.0324 | 0.00910 |
(0.0364) | (0.0337) | |
TA * TIME * N-S | 0.206*** | 0.141*** |
(0.0382) | (0.0367) | |
TA * TIME * S-N | 0.163*** | 0.175*** |
(0.0436) | (0.0443) | |
TA * TIME * S-S | −0.0291 | −0.0604 |
(0.0461) | (0.0452) | |
Constant | 4.163*** | 3.752*** |
(0.0149) | (0.0147) | |
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 |