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. 2021 Mar 30;45(2):561–589. doi: 10.1111/twec.13117

TABLE 4.

Supply, demand and third‐country shocks and bilateral export growth, the role of sector characteristics, OLS regression results, February to April 2020 only

Framework Variables (1) (2) (3) (4)
growthijkt growthijkt growthijkt growthijkt
Exporter supply shock*sector characteristic work mobilityit *remoteik 1.616 *** 1.847 ***
(0.371) (0.390)
work mobilityit *gvcil 0.911* 1.204 **
(0.535) (0.539)
Partner demand shock*sector characteristic retail mobilityjt *durablek 0.401 *** 0.346 ***
(0.102) (0.107)
retail mobilityjt *gvc partnerjl −0.168 ** −0.178 **
(0.080) (0.081)
Third country supply shock competition shockijkt −0.160 0.358*
(0.198) (0.209)
upstream shockilt 3.679 *** 3.883 ***
(1.058) (1.067)
global outputmt 1.408 *** 1.166 *** 1.275 *** 1.004 ***
(0.179) (0.189) (0.195) (0.200)
Constant 1.014 *** 0.760 *** 1.063 *** 1.374 ***
(0.053) (0.020) (0.085) (0.108)
Observations 292,452 292,452 292,452 292,452
R‐squared .521 .521 .521 .521
Exporter‐time FE Yes Yes Yes Yes
Importer‐time FE Yes Yes Yes Yes
Exporter‐partner‐sector FE Yes Yes Yes Yes
Sector‐time FE Yes Yes Yes Yes
Cluster Exporter‐partner Exporter‐partner Exporter‐partner Exporter‐partner

Robust standard errors in parentheses. Sector‐time fixed effects control for unobserved effects affecting aggregated sectors over time (see Footnote 10). The variable global outputmt additionally controls for global sector‐time trends.

***

p < .01.

**

p < .05.

*

p < .1.