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Table 4 Estimated labor demand model by region: IV-panel fixed effects

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

  SSA MENA LAC ASIA DVPG CEE OECD
Ln (V) 0.3597*** 0.3724*** 0.3935*** 0.4614*** 0.4337*** 0.2770*** 0.6402***
(0.0336) (0.0206) (0.0227) (0.0149) (0.0096) (0.0109) (0.0082)
M/(M + Y) 0.2437** −0.3097*** −0.3961*** 0.0214 0.0679 −0.3188*** −0.0600**
(0.0967) (0.0922) (0.0836) (0.0987) (0.0443) (0.0688) (0.0251)
X/Y −0.0382 −0.0045 0.0355*** 0.0212*** 0.0268*** 0.0172* 0.0141***
(0.0305) (0.0358) (0.0082) (0.0079) (0.0061) (0.0096) (0.0037)
Ln (w) −0.5421*** −0.4406*** −0.4635*** −0.4785*** −0.4804*** −0.3649*** −0.6440***
(0.0214) (0.0136) (0.0172) (0.0117) (0.0071) (0.0092) (0.0062)
Ln (w)*s 0.0743*** 0.0337*** 0.1215*** 0.0823*** 0.0577*** 0.0020*** 0.0674***
(0.0068) (0.0029) (0.0065) (0.0045) (0.0021) (0.0002) (0.0016)
Constant 5.3675*** 4.7048*** 4.7174*** 4.0743*** 4.2927*** 5.8563*** 2.0429***
(0.4848) (0.3097) (0.3828) (0.2517) (0.1581) (0.1741) (0.1382)
Observations 1367 3619 2789 5235 13010 7950 16258
Number of industries 162 397 449 448 1456 1068 1501
  1. Note: All variables are lagged by one period. V is real value added, w is real wage, s is the share of labor in output, X/Y is the export share of output, and M/(M + Y) is import penetration rate. Robust standard errors indicated in parentheses.*, **, and *** represent statistical significance at 10, 5, and 1 %, respectively. DVPG refers to developing countries