Table 5 Estimation results for using quality as the dependent variable.
From: The COVID-19 pandemics and import demand elasticities: evidence from China’s customs data
Full sample | Y = Δ ln Quality | ||
---|---|---|---|
Monthly: 2019m1 to 2021m3 | (1) | (2) | (3) |
All | Ordinary | Processing | |
Δ ln RER_CNY | 0.552*** (0.153) | 0.263 (0.190) | 1.284*** (0.154) |
Δ ln RER_CNY × Policy | −1.586*** (0.236) | −0.857*** (0.266) | −2.831*** (0.284) |
Δ ln RER_CNY × HHI | 0.131 (0.142) | 0.0437 (0.220) | −0.260 (0.319) |
Δ ln RER_Comp | 0.0381*** (0.003) | 0.0444*** (0.003) | 0.0244*** (0.003) |
Δ ln RER_Comp × Policy | −0.00841*** (0.002) | −0.00786* (0.004) | −0.00524 (0.003) |
Δ ln RER_Comp× HHI | −0.0333*** (0.002) | −0.0380*** (0.003) | −0.0231*** (0.005) |
Δ ln Cases in exporting country | −0.00558*** (0.002) | −0.00529** (0.002) | −0.00620** (0.002) |
Constant | −0.208*** (0.013) | −0.0183*** (0.005) | −0.165*** (0.014) |
Controls | Yes | Yes | Yes |
Province-time FE | Yes | Yes | Yes |
Province-product-country FE | Yes | Yes | Yes |
Time FE | Yes | Yes | Yes |
N | 1272973 | 696152 | 374452 |
R2 | 0.073 | 0.101 | 0.083 |
Prob > F-statistic | 0.000 | 0.000 | 0.000 |