| FGVCP | BGVCP |
(1) | (2) | |
TA * TIME * N-N | −0.0312 | 0.00980 |
(0.0364) | (0.0337) | |
TA * TIME * N-S | 0.206*** | 0.141*** |
(0.0382) | (0.0367) | |
TA * TIME * S-N | 0.164*** | 0.175*** |
(0.0436) | (0.0444) | |
TA * TIME * S-S | −0.0294 | −0.0606 |
(0.0461) | (0.0452) | |
BIT | −0.0640 | −0.0390 |
(0.0586) | (0.0523) | |
Constant | 4.182*** | 3.763*** |
(0.0228) | (0.0215) | |
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 |