Table 1 Trade comovement data Dependent... | Emerald Publishing

Table 1

Trade comovement data

Dependent	Real value-added				Gross output
	Aggregate	Goods	Services	Cross	Aggregate	Goods	Services	Cross
	(1)	(2)	(3)	(4)	(1)	(2)	(3)	(4)
Log bilateral trade	0.047***	0.056***	0.069***	0.048***	0.048***	0.056***	0.076***	0.044***
Log bilateral trade	(0.011)	(0.014)	(0.015)	(0.010)	(0.010)	(0.012)	(0.015)	(0.008)
Constant	0.526***	0.603***	0.729***	0.531***	0.654***	0.771***	0.785***	0.601***
Constant	(0.060)	(0.076)	(0.080)	(0.053)	(0.055)	(0.067)	(0.081)	(0.042)
Observation	351	351	351	702	351	351	351	702
R Squared	0.06	0.06	0.06	0.04	0.07	0.08	0.08	0.04

Dependent	Real value-added				Gross output
	Aggregate	Goods	Services	Cross	Aggregate	Goods	Services	Cross
	(1)	(2)	(3)	(4)	(1)	(2)	(3)	(4)
Log bilateral trade	0.047***	0.056***	0.069***	0.048***	0.048***	0.056***	0.076***	0.044***
Log bilateral trade	(0.011)	(0.014)	(0.015)	(0.010)	(0.010)	(0.012)	(0.015)	(0.008)
Constant	0.526***	0.603***	0.729***	0.531***	0.654***	0.771***	0.785***	0.601***
Constant	(0.060)	(0.076)	(0.080)	(0.053)	(0.055)	(0.067)	(0.081)	(0.042)
Observation	351	351	351	702	351	351	351	702
R Squared	0.06	0.06	0.06	0.04	0.07	0.08	0.08	0.04

Note(s): Robust standard errors are in parentheses. *** are significant at the 1% level

Source(s): Table by author