Table 5 Regression results with part samples removed.
Variables | progressive DID | PSM-progressive DID | ||
|---|---|---|---|---|
(1) | (2) | (3) | (4) | |
FTA × Time | 0.5369** | 0.5601** | 0.5260* | 0.5169* |
(0.2912) | (0.2934) | (0.2975) | (0.2995) | |
Constant | 11.5999*** | 36.9994*** | 11.6335*** | 35.8664*** |
(0.1883) | (5.6087) | (0.1919) | (5.6231) | |
lnGDP | 0.7601** | 0.7754** | ||
(0.3698) | (0.3656) | |||
lnDTE | −5.2645*** | −5.1735*** | ||
(0.7006) | (0.7093) | |||
lnPAL | 0.9017*** | 0.6845** | ||
(0.2937) | (0.3052) | |||
OPD | 0.0093** | 0.0101*** | ||
(0.0039) | (0.0040) | |||
AML | −0.0008** | −0.0006* | ||
(0.0004) | (0.0004) | |||
Control variables | NO | YES | NO | YES |
Country fixed effects | YES | YES | YES | YES |
Year fixed effects | YES | YES | YES | YES |
N | 1840 | 1840 | 1780 | 1780 |
R-squared | 0.2173 | 0.2279 | 0.2128 | 0.2212 |