| Total Exports | Industrial trade | Agricultural trade | ||||||
Total Effect | Direct Effect | Indirect Effect | Total Effect | Direct Effect | Indirect Effect | Total Effect | Direct Effect | Indirect Effect | |
Bilateral Distance | −0.659*** | −0.375*** | −0.284*** | −0.842*** | −0.54*** | −0.303*** | 0.037 | 0.03 | 0.007 |
−0.0708 |
|
| −0.08 |
|
| −0.0933 |
|
| |
Intern Distance | −1.44*** | −0.819*** | −0.621*** | −1.575*** | −1.001*** | −0.566*** | −0.091 | −0.073 | −0.018 |
−0.142 |
|
| −0.156 |
|
| −0.202 |
|
| |
Political Stability destination | −0.397*** | −0.226*** | −0.171*** | −0.337*** | −0.216*** | −0.121*** | −0.237*** | −0.191*** | −0.046*** |
−0.056 |
|
| −0.062 |
|
| −0.073 |
|
| |
Control of Corruption destination | −0.254*** | −0.109*** | −0.108*** | −0.246** | −0.158** | −0.089** | −0.109 | −0.088 | −0.021 |
−0.113 |
|
| −0.127 |
|
| −0.155 |
|
| |
Rules of Law destination | 0.661*** | 0.376*** | 0.285*** | 0.649*** | 0.416*** | 0.233*** | 0.262 | 0.21 | 0.051 |
−0.13 |
|
| −0.146 |
|
| −0.172 |
|
| |
Common Border | 2.594*** | 1.475*** | 1.119*** | 2.428*** | 1.556*** | 0.872*** | 2.553*** | 2.053*** | 0.501*** |
−0.133 |
|
| −0.148 |
|
| −0.155 |
|
| |
Common official Language | 0.174** | 0.099** | 0.075** | 0.266*** | 0.170*** | 0.096*** | −0.181 | −0.146 | −0.036 |
−0.088 |
|
| −0.098 |
|
| −0.119 |
|
| |
Common Colonizer | 0.115 | 0.065 | 0.05 | −0.059 | −0.038 | −0.021 | −0.487*** | −0.391*** | −0.095*** |
−0.098 |
|
| −0.109 |
|
| −0.128 |
|
| |
Common Religion | 0.458*** | 0.261*** | 0.198*** | 0.313 | 0.201 | 0.113 | 0.364 | 0.293 | 0.071 |
−0.171 |
|
| −0.205 |
|
| −0.227 |
|
| |
Landlocked destination | −0.651*** | −0.371*** | −0.282*** | −0.612*** | −0.392*** | −0.219*** | −0.245*** | −0.197*** | −0.048*** |
−0.077 |
|
| −0.083 |
|
| −0.103 |
|
| |
Common Currency | 0.615*** | 0.350*** | 0.265*** | 0.552*** | 0.354*** | 0.198*** | 0.972*** | 0.782*** | 0.191*** |
−0.128 |
|
| −0.14 |
|
| −0.161 |
|
| |
SADC | 1.583*** | 0.901*** | 0.683*** | 1.37*** | 0.878*** | 0.492*** | 1.185*** | 0.952*** | 0.232*** |
−0.139 |
|
| −0.153 |
|
| −0.167 |
|
| |
CEDEAO | −0.104 | −0.059 | −0.045 | −0.399*** | −0.256*** | −0.143*** | 1.018*** | 0.818*** | 0.199*** |
−0.124 |
|
| −0.139 |
|
| −0.161 |
|
| |
COMESA | 0.007*** | 0.004*** | 0.003*** | −0.289** | −0.185** | −0.104** | 1.398*** | 1.124*** | 0.274*** |
−0.136 |
|
| −0.155 |
|
| −0.165 |
|
| |
ECCAS | −0.951*** | −0.541*** | −0.410*** | −1.124*** | −0.720*** | −0.404*** | −1.163*** | −0.935*** | −0.228*** |
−0.207 |
|
| −0.231 |
|
| −0.266 |
|
| |
UMA | 0.521 | 0.296 | 0.225 | 1.446*** | 0.927*** | 0.519*** | 0.523 | 0.42 | 0.103 |
−0.369 |
|
| −0.418 |
|
| −0.524 |
|
| |
ρ | 0.441*** |
|
| 0.366*** |
|
| 0.198*** |
|
|
−0.0186 |
|
| −0.019 |
|
| −0.026 |
|
| |
σ | 2.567*** |
|
| 2.787*** |
|
| 2.687 |
|
|
−0.021 |
|
| −0.024 |
|
| −0.028 |
|
| |
LR Test SAR vs. OLS (Rho=0) | 562*** | 362*** | 57.76*** |