Results of PQML gravity equation in 2007 dependent variable: VOTij
| Variable | Model (a) | Model (b) | Model (c) |
|---|---|---|---|
| LGDPi | 0.707** (27.43) | 0.484** (12.80) | 0.431** (10.77) |
| LGDPj | 0.740** (23.58) | 0.495** (9.46) | 0.442** (8.15) |
| LPPPij | −0.0641** (−2.11) | −0.0466* (−1.72) | −0.0449* (−1.70) |
| LDISTij | −0.622** (−27.29) | −0.398** (−12.59) | −0.443** (−12.13) |
| adjcent | 0.818** (6.14) | 0.522** (4.60) | |
| comlng | 0.536** (4.99) | 0.424** (3.42) | |
| LLSCIi | 0.301** (6.23) | 0.353** (6.24) | |
| LLSCIj | 0.265** (6.21) | 0.307** (6.18) | |
| LLPIi | 0.858** (3.06) | 0.966** (3.36) | |
| LLPIj | 1.348** (5.20) | 1.474** (5.46) | |
| LTEUi | 0.0318 (1.28) | 0.0419 (1.45) | |
| LTEUj | 0.0516** (3.06) | 0.0654** (3.32) | |
| RCEP | 0.532** (4.27) | ||
| EAcpre | 0.855** (7.90) | ||
| EU | 0.0687 (0.72) | ||
| NAFTA | 0.959** (3.64) | ||
| Intercept | −14.15** (−11.38) | −9.922** (−7.28) | −7.721** (−5.30) |
| Observations | 99980 | 99980 | 99980 |
| Pseudo R2 | 0.57 | 0.63 | 0.63 |
| Variable | Model (a) | Model (b) | Model (c) |
|---|---|---|---|
| LGDP | 0.707 | 0.484 | 0.431 |
| LGDP | 0.740 | 0.495** (9.46) | 0.442 |
| LPPP | −0.0641 | −0.0466 | −0.0449 |
| LDIST | −0.622** (−27.29) | −0.398** (−12.59) | −0.443** (−12.13) |
| adjcent | 0.818 | 0.522 | |
| comlng | 0.536 | 0.424 | |
| LLSCI | 0.301 | 0.353 | |
| LLSCI | 0.265 | 0.307 | |
| LLPI | 0.858 | 0.966 | |
| LLPI | 1.348 | 1.474 | |
| LTEU | 0.0318 (1.28) | 0.0419 (1.45) | |
| LTEU | 0.0516 | 0.0654 | |
| RCEP | 0.532 | ||
| EA | 0.855 | ||
| EU | 0.0687 (0.72) | ||
| NAFTA | 0.959 | ||
| Intercept | −14.15 | −9.922 | −7.721 |
| Observations | 99980 | 99980 | 99980 |
| Pseudo | 0.57 | 0.63 | 0.63 |
Note:
The superscripts * and ** represent significant levels of 5% and 1%, respectively.
The number in parentheses is the Z-value in PQML gravity equation
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