China's and India's Challenge to Latin America

Page 220

Table 6.3 Determinants of LAC Export Growth: Isolating Periods and Exporters (continued) All exporters

dlnCHN_0004 Observations

South American exporters

CACM exporters

All products

Nonindustrial products

Industrial products

All products

Nonindustrial products

Industrial products

All products

Nonindustrial products

Industrial products

dlntrade

dlntrade

dlntrade

dlntrade

dlntrade

dlntrade

dlntrade

dlntrade

dlntrade

–0.274**

–0.453**

–0.454***

–0.172

–0.407*

–0.829***

–0.885

–0.855***

[2.18]

[2.08]

[2.87]

[1.19]

[1.79]

[0.09]

[3.48]

[1.35]

[3.30]

0.01

786,110

223,901

562,209

468,336

138,194

330,142

317,573

R-squared

0.39

0.40

0.39

0.35

0.39

0.32

0.44

Number of dummies

29,936

13,217

16,719

11,693

5,611

6,082

18,241

85,596 0.43 7,604

231,977 0.45 10,637

Source: Authors. Note: Robust t-statistics are in brackets. Exporter-two-digit product-year fixed effects are included in all regressions. For weighted least squares, weights equal trade value. * Significant at 10 percent. ** Significant at 5 percent. *** Significant at 1 percent.

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