| (1) | (2) | (3) |
Total exports | Agriculture Trade | Industrial Trade | |
Bilateral Distance | −1.866*** | −1.327*** | −1.900*** |
(0.0372) | (0.0419) | (0.0436) | |
Intern Distance | −3.944*** | −2.611*** | −3.840*** |
(0.0605) | (0.0685) | (0.0710) | |
Political Stability destination | −0.382** | −0.528** | −0.168 |
(0.190) | (0.230) | (0.228) | |
Control of corruption destination | −1.581*** | −0.448 | −1.972*** |
(0.302) | (0.339) | (0.357) | |
Rules of Law destination | 2.005*** | 1.352*** | 1.943*** |
(0.247) | (0.328) | (0.325) | |
Common Border | 1.302*** | 2.715*** | 1.695*** |
(0.0524) | (0.0764) | (0.0637) | |
Common official language | 0.464*** | 0.156*** | 0.673*** |
(0.0426) | (0.0516) | (0.0533) | |
Common colonizer | 0.537*** | 0.609*** | 0.537*** |
(0.0480) | (0.0590) | (0.0584) | |
Common religion | 0.823*** | 1.088*** | 0.404*** |
(0.0807) | (0.0902) | (0.0944) | |
Landlocked destination | −1.088*** | −0.539* | −0.571* |
(0.245) | (0.307) | (0.304) | |
Common currency | 0.265*** | 0.863*** | 0.245*** |
(0.0554) | (0.0766) | (0.0659) | |
SADC | 0.793*** | 0.830*** | 0.630*** |
(0.0782) | (0.0927) | (0.0897) | |
CEDEAO | −0.0935 | 1.415*** | −0.509*** |
(0.0664) | (0.0792) | (0.0811) | |
COMESA | 1.279*** | 1.655*** | 0.638*** |
(0.0614) | (0.0982) | (0.0869) | |
ECCAS | −0.333*** | 0.0111 | −0.895*** |
(0.107) | (0.112) | (0.125) | |
UMA | 0.662*** | −1.790*** | 1.729*** |
(0.156) | (0.229) | (0.195) | |
Exporter fixed effects | Yes | Yes | Yes |
Importer fixed effects | Yes | Yes | Yes |
Observations | 27,200 | 27,200 | 27,200 |
R-squared | 0.932 | 0.772 | 0.890 |