Table 1: Estimation results with alternative estimators.

HTTSHPHeterosc. (HW)AR(1)Dynamic ABB
Short runLong run

GDP reporter0.8186***0.7522***0.8103***0.8286***0.1231***0.8632***
GDP partner0.7719***0.5594***0.7706***0.7829***0.1101***0.7721***
Tariffs−0.2624***−0.1044***−0.2529***−0.1570***−0.0186***−0.1304***
Ntbs−0.0396***−0.0227**−0.0382***−0.0224**−0.0104***−0.0529***
Logistics2.7629***2.1222***2.7718***1.5238**0.2893***2.029***
Common language0.3356***0.3629***0.3334***0.5614***0.0782***0.5483***
Colony0.5165***0.3255**0.5124***0.6508***0.0949***0.6655***
Migration0.2744***0.2130***0.2705***0.2712***0.0327***0.2293***
FDI stocks0.0274***0.1702***0.0254***0.0189***0.0007**0.0491***
Services0.1778***0.1919***0.1777***0.4722***0.0573***0.4018***
Regional agreements1.7549***1.3119***1.7601***2.0822***0.3085***2.1633***
Governance: rule of law0.2025***0.1925***0.2042***0.1734***0.0337***0.2363***
Lagged exports0.8574***
Intercept−31.0560***−22.9977 ***−31.0025***−32.9113***−4.5888***−32.1795***
Selection variable0.2577***
Adjusted 𝑅 -squared0.7292
Vif2.47
Hausman24.8

*** Significant at 1% level; **significant at 5% level; *significant at 10% level.