Microsoft Word Cheongaftaeffects doc
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- Table 1: The Effects of AFTA on ASEAN Imports (2001 to 2003)
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Summary Statistics
Variable Obs Mean Std.
Dev. Min
Max ASEAN Country i's Import Value of HS6 Product k (in
413118 408583.4 7662207 0 2.29E+09 413118 1.16E+11 5.22E+10 3.98E+09
2.35E+11 ASEAN Importer Country's GDP (in US$)
413118 1.38E+12 2.46E+12
4.50E+07 1.09E+13 Partner Country's GDP (in US$)
413118 11.62184 9.040214 0.083333 146.5962 ASEAN Country's Preference Margin (in %) on Product k
12 Table 1: The Effects of AFTA on ASEAN Imports (2001 to 2003) Dependent Variable: ASEAN Country i's Import Value of Product k from Country j in Year t
(1)
(2) (3)
(4) Explanatory Variables
-0.079** 0.137** -0.075** 0.149** ln(Country's Preference Margin (in %) on Product k in Year t) * (D NONASEAN =1) (0.023) (0.039) (0.023) (0.041) 0.072 0.260**
ln(Country's Preference Margin (in %) on Product k in Year t) * (D ASEAN =1) (0.045) (0.063) -0.639** -0.523* -0.657** -0.573* ln(Country i's GDP in Year t) (0.089) (0.256) (0.089) (0.262) 0.374** -0.126 0.378** -0.132 ln(Country j's GDP in Year t) (0.053) (0.082) (0.053) (0.082) year 2002 0.079** 0.153** 0.080** 0.154**
(0.012) (0.033) (0.012) (0.033) year 2003 0.216** 0.193** 0.216** 0.196**
(0.022) (0.052) (0.022) (0.053) Observations 333247 413118 333247 413118 Number of groups (by HS6 classification) 153305 153305 153305 153305 Estimation Method Fixed Effects
Fixed Effects
Poisson Fixed
Effects Fixed Effects Poisson Notes:
1) Statistical significance indicated as: + significant at 10%; * significant at 5%; ** significant at 1% 2) For the Fixed-Effects Estimator, the dependent variable is the natural logarithm of import value, and the reported standard errors are robust. 3) For the Fixed Effects Poisson estimator, the dependent variable is the level of import value, and the reported standard errors are robust and calculated according to Wooldridge (1999). 4) All regressions exclude Laos, Myanmar, and Singapore. Singapore is not included because Singapore's MFN tariffs were all zero during the sample period. 5) The sample period is 2001-2003.
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