TABLE 7.
Supply, demand and third‐country shocks and bilateral export growth, the role of sector characteristics, mirror data, OLS regression results
| Framework | Variables | (1) | (2) | (3) | (4) |
|---|---|---|---|---|---|
| growthijkt | growthijkt | growthijkt | growthijkt | ||
| Exporter supply shock*sector characteristic | work mobilityit *remoteik | 0.074 | 0.044 | ||
| (0.336) | (0.353) | ||||
| work mobilityit *gvcil | 1.398 *** | 1.647 *** | |||
| (0.510) | (0.517) | ||||
| Partner demand shock*sector characteristic | retail mobilityjt *durablek | 0.414 *** | 0.425 *** | ||
| (0.099) | (0.103) | ||||
| retail mobilityjt *gvc partnerjl | −0.186 ** | −0.214 *** | |||
| (0.072) | (0.074) | ||||
| Third country supply shock | competition shockijkt | −0.012 | 0.203 | ||
| (0.180) | (0.187) | ||||
| upstream shockilt | 1.835 ** | 1.673 * | |||
| (0.865) | (0.870) | ||||
| global outputmt | 0.765 *** | 0.502 *** | 0.729 *** | 0.426 ** | |
| (0.160) | (0.172) | (0.171) | (0.179) | ||
| Constant | 0.748 *** | 0.607 *** | 0.802 *** | 0.906 *** | |
| (0.049) | (0.018) | (0.078) | (0.094) | ||
| Observations | 323,998 | 323,998 | 323,998 | 323,998 | |
| R‐squared | .446 | .446 | .446 | .446 | |
| 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.