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Institute for International Integration Studies IIIS Discussion Paper - page 31 / 41

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1.556**

1.702***

1.254*

[0.62]

[0.602]

[0.739]

1.119*

1.15*

1.203*

[0.613]

[0.599]

[0.654]

0.57

0.713

0.385

[0.794]

[0.793]

[0.608]

0.718

0.504

0.322

[1.424]

[1.418]

[1.667]

-0.306

-0.23

0.597

[0.708]

[0.728]

[2.183]

0.487

0.541

1.142

[0.709]

[0.735]

[1.999]

0.928***

0.998***

0.970**

[0.310]

[0.323]

[0.436]

1.631

1.769

4.979

[3.001]

[3.041]

[8.462]

0.385

0.095

[0.33]

[0.361]

0.579*

0.439

[0.334]

[0.353]

Observations

3077

3065

2736

Country pairs

1209

1204

1062

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%

I

II

III

HTM

HTM

HTM

Estimator

Table 7: Commercial Services

-40.896

-42.819***

-35.733*

[11.574]

[11.634]

[18.315]

Dependent Variable

GDP per capita – importer

GDP per capita – exporter

Population – importer

Population – exporter

Distance

Adjacency

Language

EU

Commercial Services Imports

Economic Freedom – importer

Economic Freedom – exporter

NTB - Commercial

Constant

0.804 [1.344]

29

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