Table 3

Sys-GMM regression on export quality index

LogEQi
(1)(2)(3)
LlogEQi0.814***0.92***0.812***
(0.029)(0.018)(0.048)
LogAVA−0.029**  
(0.014)  
LogAgr_Emp −0.015* 
 (0.009) 
LogAgr_prod  0.037**
  (0.018)
LogMVA0.045***0.026***0.021**
(0.008)(0.008)(0.01)
LogSVA0.054**0.019**0.02
(0.023)(0.009)(0.032)
LogPop−0.011−0.017***−0.008
(0.008)(0.005)(0.008)
LogOpen−0.104**−0.099***−0.11**
(0.048)(0.028)(0.053)
LogInvest0.117***0.054***0.057***
(0.021)(0.009)(0.018)
LogFDI0.0030.0010.004
(0.004)(0.003)(0.003)
LogDist0.120.1280.268**
(0.113)(0.102)(0.129)
LogRes−0.005−0.001−0.001
(0.003)(0.002)(0.005)
LogInst−0.053**−0.036***−0.04
(0.022)(0.011)(0.024)
_cons−1.112−0.718−2.438**
(0.827)(0.791)(1.025)
Observations499487462
Countries393838
Instruments343432
AR(1)0.0050.0050.006
AR(2)0.2610.2420.240
Sargan0.6780.2280.605
Hansen0.7530.4830.564

Note(s): Standard errors are in parentheses, ***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Authors’ own work
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