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Institute for International Integration Studies IIIS Discussion Paper - page 28 / 41

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1.659***

1.489***

1.452***

[0.356]

[0.369]

[0.387]

0.111

0.206

0.316

[0.331]

[0.348]

[0.334]

2.55***

2.453***

1.781*

[0.965]

[0.838]

[0.928]

-2.796***

-2.682***

-2.907***

[0.871]

[0.876]

[0.822]

0.96

0.577

2.573*

[1.156]

[0.909]

[1.398]

1.917

1.071

2.756

[1.445]

[1.583]

[2.238]

1.099*

1.195

1.324

[0.657]

[0.779]

[1.066]

6.464

7.6

15.408

[4.561]

[7.238]

[11.784]

-0.511

-0.043

[0.655]

[0.879]

2.078***

2.581***

[0.599]

[0.685]

I

II

III

HTM

HTM

HTM

Estimator

Table 4: Travel Services

All continuous variables are expressed in logs. Results for year dummies are not reported. Standard errors in brackets

  • *

    significant at 10%; ** significant at 5%; *** significant at 1%

-17.625

-17.82

-15.693

[15.482]

[13.54]

[16.494]

3044

2726

2446

1167

1029

907

Dependent Variable

GDP per capita – importer

GDP per capita – exporter

Population – importer

Population – exporter

Distance

Adjacency

Language

EU

Travel Services Imports

Observations Country pairs

Temperature – importer

Temperature – exporter

NTB - Total

Constant

3.787 [3.796]

26

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