Table 2.

Effects on sector structure

Dependentvariable	Exports(separate)	Imports (separate)	Exports (joint)	Imports (joint)	Exports-imports
Equation number	(9)	(10)	(11a)	(11b)	(12)
ln(income)	0.050***	0.013	− 0.033***	0.045***	− 0.070***
	(0.011)	(0.009)	(0.009)	(0.009)	(0.007)
ln(income)2	0.001	− 0.006***	-	-	-
	(0.003)	(0.002)
Rents coal	− 0.006*	0.002	0.012***	− 0.006***	0.013***
	(0.003)	(0.003)	(0.002)	(0.002)	(0.002)
Rents oil	0.002	− 0.002	− 0.004*	0.011***	− 0.013***
	(0.003)	(0.002)	(0.002)	(0.002)	(0.002)
Rents gas	0.007**	0.002	− 0.010***	− 0.009***	− 0.002
	(0.003)	(0.003)	(0.003)	(0.003)	(0.002)
Trade	0.110***	0.090***	0.142***	− 0.177***	0.234***
	(0.039)	(0.031)	(0.031)	(0.031)	(0.026)
Kyoto	− 0.002	0.010**	0.029***	− 0.016***	0.000
	(0.007)	(0.005)	(0.005)	(0.005)	(0.004)
Country FE	YES	YES	YES	YES	JOINT
Partner FE	NO	NO	YES	YES	JOINT
Year FE	YES	YES	YES	YES	NO
Weights	YES	YES	YES	YES	YES
N	585	585	22,709	22,709	11,017
R2	0.932	0.904	0.938	0.938	0.458
R2 within	0.145	0.108	0.059	0.059	0.066

Note: Standard errors in parentheses. */**/***: significant at 10/5/1%. All regressions are weighted by trade flows