Dependent variable: total Danish import in the period 2002–2018
| OLS(FE) Log(Import) | PPML(FE) import | PPML import | |
|---|---|---|---|
| Log(GDP) | 0.5485 (0.859) | 0.1500 (0.448) | 0.8138*** (0.030) |
| Log(GDP per capita) | 0.6232 (1.057) | 0.6724 (0.515) | −0.1451*** (0.047) |
| Log(Distance) | – | – | −0.6699*** (0.042) |
| Log(Reer) | −0.1370 (0.458) | 0.1880 (0.197) | 0.8258*** (0.210) |
| Log(Oil price) | 0.2806*** (0.069) | 0.2932*** (0.023) | 0.2825*** (0.044) |
| Dummy ScandLand | – | – | 1.1513*** (0.085) |
| Dummy StateBorder | – | – | 0.3897*** (0.069) |
| Dummy LandLocked | – | – | −0.3955*** (0.069) |
| Dummy TradeBlocs | – | – | 0.8003*** (0.079) |
| Dummy Sanctions | 0.2966*** (0.063) | 0.3322*** (0.019) | 0.0424 (0.125) |
| Cons | −17.1822 (12.679) | – | −14.2823*** (1.234) |
| N | 2,518 | 2,518 | 2,518 |
| adj. R-sq | 0.722 | – | 0.919 |
| OLS(FE) Log(Import) | PPML(FE) import | PPML import | |
|---|---|---|---|
| Log(GDP) | 0.5485 (0.859) | 0.1500 (0.448) | 0.8138*** (0.030) |
| Log(GDP per capita) | 0.6232 (1.057) | 0.6724 (0.515) | −0.1451*** (0.047) |
| Log(Distance) | – | – | −0.6699*** (0.042) |
| Log(Reer) | −0.1370 (0.458) | 0.1880 (0.197) | 0.8258*** (0.210) |
| Log(Oil price) | 0.2806*** (0.069) | 0.2932*** (0.023) | 0.2825*** (0.044) |
| Dummy ScandLand | – | – | 1.1513*** (0.085) |
| Dummy StateBorder | – | – | 0.3897*** (0.069) |
| Dummy LandLocked | – | – | −0.3955*** (0.069) |
| Dummy TradeBlocs | – | – | 0.8003*** (0.079) |
| Dummy Sanctions | 0.2966*** (0.063) | 0.3322*** (0.019) | 0.0424 (0.125) |
| Cons | −17.1822 (12.679) | – | −14.2823*** (1.234) |
| 2,518 | 2,518 | 2,518 | |
| adj. | 0.722 | – | 0.919 |
Note(s): Robust standard errors in parentheses
*p < 0.1, **p < 0.05, ***p < 0.01
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