Getting the Most Out of Free Trade Agreements in Central America

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Table 11.2

Regressions of Coefficients on Trade Variables in the Labor Market Models Earnings equations Employment models

Variable

Intercept

Dummy of gender (1 for male and 0 for female) Weighted real exchange rate on imports

106 (158.50) –4.043 (42.20) 16.5 (13.25) 110.8 (271.30) 6.279 (17.23) –61.44 (171.80) –2.363 (3.58)

Own weighted tariffs, applied to U.S. products Import penetration of trade from the United States Weighted tariffs faced in U.S. market GDP share of exports to United States Standard deviation of tariffs faced in U.S. market

Coefficient on skilled labor 59.32 (91.53) –2.438 (24.43) 9.468 (7.69) 61.16 (160.70) 4.85 (10.31) –43.59 (104.40) –1.56 (2.14)

Intercept

Coefficient on skilled labor

Coefficient on skilled labor in tradable sector

Coefficient on employment in tradable sector

0.333 (0.43) 0.00433 (0.01) 0.275 (0.59) 0.0215 (0.05) 0.0284 (0.05) –0.177 (0.56) –0.00656 (0.01)

0.0625 (0.04) 1.49E-05 (0.00) –0.108* (0.06) 0.0144*** (0.01) –0.0113** (0.00) 0.0891 (0.06) 0.00380*** (0.00)

–0.0985 (–0.0953) 0.00266 (–0.00279) –0.0935 (–0.134) 0.00525 (–0.011) –0.0124 (–0.0101) 0.0749 (–0.127) 0.00203 (–0.00255)

0.125* (0.07) –0.00107 (0.00) –0.113 (0.10) –0.0148* (0.01) 0.00379 (0.01) 0.05 (0.09) –0.00356* (0.00)


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