Job creation and trade in manufactures: industry-level analysis across countries

IZA Journal of Labor & Development

Table 14 First Stage Regression Results for ASIA Corresponding to Table 4

	Value added	Wage rate	Import penetration	Export-output
EXI_ijt	−0.2344	0.1321	0.0771	0.0329
EXI_ijt	0.0468	0.0376	0.0075	0.0254
PPI_ijt	−0.0024	−0.0073	−0.0001	−0.0001
PPI_ijt	0.0006	0.0005	0.0001	0.0003
\( {\mathrm{REXI}}_{ijt}^{\mathrm{US}} \)	−0.3890	−0.8549	−0.0297	−0.0513
\( {\mathrm{REXI}}_{ijt}^{\mathrm{US}} \)	0.0175	0.0140	0.0028	0.0095
\( {\mathrm{REXI}}_{ijt}^{\mathrm{US}} \) -squared	0.0057	0.0048	0.0007	−0.0003
\( {\mathrm{REXI}}_{ijt}^{\mathrm{US}} \) -squared	0.0012	0.0010	0.0002	0.0007
GDPI_ijt	−0.0073	0.0012	−0.0007	−0.0009
GDPI_ijt	0.0008	0.0006	0.0001	0.0004
Ln (w)- two-digit SIC	0.2787	0.0824	−0.0005	−0.0189
Ln (w)- two-digit SIC	0.0181	0.0145	0.0029	0.0098
GDPI-domestic	0.0133	0.0117	0.0006	0.0008
GDPI-domestic	0.0007	0.0006	0.0001	0.0004
F statistic	108.7	716.34	18.81	8.46

Note: EXI_ijt is a weighted average exchange rate index of import supplier countries, PPI_ijt is a weighted average industry-specific price index of import source countries, \( {\mathrm{REXI}}_{ijt}^{\mathrm{US}} \) is weighted average real exchange rate index for export destination countries, GDPI_ijt is the aggregate GDP index of export destination countries applicable to industry j of an exporting country, ln (w)- two-digit SIC is the log of wage rate at the two-digit SIC level, and GDPI-domestic is GDP index at the country level. Robust standard errors are in parenthesis