China's and India's Challenge to Latin America

Page 268

Table 7.4b Determinants of U.S. Imports of BPT Services from Latin America by Industry, Using Weighted Indian Export Growth Computer Database Research, and data and other development, All BPT processing information and testing Determinant services Advertising services services services d ln allni

d ln india

Management, consulting, and public relations services

Legal services

Construction, architectural, Installation, and maintenance, engineering Industrial and repair of services engineering equipment

Other

0.762*

1.414***

–0.004

3.109**

0.333

1.715***

0.782***

–0.198

2.360***

0.341***

0.849*

[1.85]

[4.59]

[0.01]

[2.57]

[0.52]

[4.61]

[4.04]

[0.19]

[3.99]

[3.36]

[2.01]

–8.535

–10.083

–1.824

–17.226

–32.362*

10.604

–30.765***

30.299** –19.881***

46.912

–69.063**

[1.59]

[0.32]

[0.39]

[1.44]

[1.73]

[1.16]

[3.15]

[2.28]

[4.00]

[0.48]

[2.38]

Observations

113

59

67

45

62

83

68

43

33

46

44

R-squared

0.36

0.36

0.30

0.24

0.10

0.35

0.26

0.35

0.73

0.31

0.70

Source: Data are from the U.S. Department of Commerce. Author’s calculations. Note: Robust t-statistics are in brackets. * Significant at 10 percent level. ** Significant at 5 percent level. *** Significant at 1 percent level.

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