TABLE 1.

Supply, demand and third‐country shocks and bilateral export growth, OLS regression results

Variables	(1)	(2)	(3)	(4)	(5)	(6)	(7)
	growthijkt	growthijkt	growthijkt	growthijkt	growthijkt	growthijkt	growthijkt
work mobilityit (supply)	0.419 ***			0.439 ***	0.319 ***		0.347 ***
	(0.085)			(0.086)	(0.088)		(0.089)
retail mobilityjt (demand)		0.300 ***		0.313 ***		0.299 ***	0.306 ***
		(0.048)		(0.048)		(0.048)	(0.048)
competition shockijkt			−0.337 **		−0.372 **	−0.358 **	−0.390 **
			(0.165)		(0.161)	(0.165)	(0.161)
upstream shockilt			2.035 **		1.634 ***	2.075 **	1.485 ***
			(0.843)		(0.379)	(0.843)
global outputmt	1.085 ***	1.040 ***	0.915 ***	1.058 ***	0.952 ***	0.878 ***	0.926 ***
	(0.144)	(0.144)	(0.155)	(0.144)	(0.15)	(0.154)	(0.15)
Constant	0.949 ***	0.924 ***	0.984 ***	1.045 ***	1.029 ***	1.071 ***	1.108 ***
	(0.026)	(0.02)	(0.077)	(0.029)	(0.044)	(0.078)	(0.045)
Observations	631,111	631,111	631,111	631,111	631,111	631,111	631,111
R‐squared	.400	.399	.400	.398	.400	.399	.398
Exporter‐time FE	No	Yes	Yes	No	No	Yes	No
Importer‐time FE	Yes	No	Yes	No	Yes	No	No
Exporter‐partner‐sector FE	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Sector‐time FE	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Cluster	Exporter‐partner	Exporter‐partner	Exporter‐partner	Exporter‐partner	Exporter‐partner	Exporter‐partner	Exporter‐partner

Robust standard errors in parentheses. Exporter‐partner‐time FEs could not be included due to collinearity with the country shocks. Sector‐time fixed effects control for unobserved effects affecting aggregated sectors over time (see Footnote 10). The variable global output_mt additionally controls for global sector‐time trends.

^*** p < .01.

^** p < .05.

^* p < .1.