Table 7.

Effects on sector structure, excluding smallest observations (unweighted)

Dependent variable	Exports (separate)	Imports (separate)	Bilateral Exports (joint)	Bilateral Imports (joint)	Bilateral Exports-Imports
Equation number	(9)	(10)	(11a)	(11b)	(12)
ln(income)	0.037**	0.050***	− 0.117***	− 0.034***	− 0.092***
	(0.015)	(0.011)	(0.009)	(0.009)	(0.012)
ln(income)2	− 0.005	− 0.008***	-	-	-
	(0.004)	(0.003)
Rents coal	0.008	− 0.000	0.008**	− 0.004	0.013***
	(0.006)	(0.004)	(0.004)	(0.004)	(0.005)
Rents oil	0.003	− 0.005**	− 0.010***	0.001	− 0.009***
	(0.003)	(0.002)	(0.002)	(0.002)	(0.003)
Rents gas	0.003	0.004	− 0.002	− 0.003	− 0.001
	(0.004)	(0.003)	(0.003)	(0.003)	(0.004)
Trade	0.291***	− 0.041	0.303***	− 0.132***	0.409***
	(0.042)	(0.042)	(0.029)	(0.029)	(0.037)
Kyoto	0.011	0.021***	− 0.020***	− 0.003	− 0.017*
	(0.010)	(0.007)	(0.008)	(0.007)	(0.010)
Country FE	YES	YES	YES	YES	JOINT
Partner FE	NO	NO	YES	YES	JOINT
Year FE	YES	YES	YES	YES	NO
Weights	NO	NO	NO	NO	NO
N	420	420	16,815	16,815	8070
R2	0.936	0.913	0.629	0.629	0.347
R2 within	0.199	0.116	0.028	0.028	0.051

Note: Standard errors in parentheses. */**/***: significant at 10/5/1%. All regressions are unweighted, but the smallest 25% observations are removed