Critically Important: The Heterogeneous Effect of Diplomatic Tensions on Trade

Table 2 Robustness test—country samples and industry-specific measures

	Dependent variable
	log(imports)
	(1)	(2)	(3)	(4)	(5)
Treatment	− 0.082***	− 0.055**	− 0.085***	− 0.119**	− 0.098**
Treatment	(0.027)	(0.028)	(0.029)	(0.061)	(0.040)
Treatment × log(IIU)	− 0.079***	− 0.060***	− 0.042*	− 0.072***	− 0.071***
Treatment × log(IIU)	(0.022)	(0.022)	(0.023)	(0.022)	(0.021)
Treatment × concentration	0.624*	0.452	0.675**	0.697**	0.680**
Treatment × concentration	(0.331)	(0.343)	(0.314)	(0.302)	(0.304)
Treatment × concentration × log(IIU)	0.563***	0.382**	0.364**	0.587***	0.573***
Treatment × concentration × log(IIU)	(0.183)	(0.182)	(0.177)	(0.169)	(0.168)
Treatment × labor intensity				0.061
Treatment × labor intensity				(0.088)
Treatment × skill intensity					0.084
Treatment × skill intensity					(0.155)
Fixed effects	ctry-dt,	ctry-dt,	ctry-dt,	ctry-dt,	ctry-dt,
Fixed effects	Pair-ind	Pair-ind	Pair-ind	Pair-ind	Pair-ind
Sample	Top 50	w/o Arab league	w/o Russia	All	All
Observations	237,463	371,827	359,753	410,303	410,303
R²	0.929	0.918	0.914	0.913	0.913
Adjusted R²	0.927	0.914	0.910	0.908	0.908