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Table 3 Estimation outcomes on machinery industry

From: Quantitative linkage between global value chains’ backward participation and logistics performance in the host country: a structural gravity model analysis of emerging ASEAN economies

  Traditional M OLS Structural M OLS Structural M PPML Structural M PPML
(i) (ii) (iii) (iv)
Equation (1) Equation (2) Equation (2) Equation (3)
Const. [α0, β0, γ0] − 0.689 (1.290) 11.941*** (0.778) 2.465*** (0.037) 0.074 (0.284)
ln DIS [α1] − 1.263*** (0.217)    
In (GDPi) [α2] 2.299*** (0.087)    
In (GDPj) [α3] 1.411*** (0.088)    
In GAP [α4, β1, γ2] 0.413*** (0.100) 0.156 (0.981) 0.025 (0.049) 0.071 (0.054)
LPI [γ1]     0.761*** (0.088)
Dummy: Myanmar
 2007   − 10.718*** − 3.747***  
 2010   − 10.874*** − 3.938***  
 2012   − 10.870*** − 3.613***  
 2014   − 10.927*** − 3.761***  
 2016   − 9.500*** − 2.369***  
 2017   − 9.493*** − 2.366***  
Dummy: Lao PDR
 2007   − 8.190*** − 1.135***  
 2010   − 7.932*** − 1.048***  
 2012   − 7.865*** − 1.026***  
 2014   − 7.832*** − 1.011***  
 2016   − 7.684*** − 0.980***  
 2017   − 7.555*** − 0.962***  
Dummy: Cambodia
 2007   − 7.440*** − 0.769***  
 2010   − 7.210*** − 0.723***  
 2012   − 7.137*** − 0.718***  
 2014   − 6.990*** − 0.691***  
 2016   − 7.287*** − 0.728***  
 2017   − 7.428*** − 0.739***  
Dummy: Philippines
 2007   1.297 0.155***  
 2010   1.434 0.170***  
 2012   1.430 0.163***  
 2014   1.494 0.172***  
 2016   1.496 0.168***  
 2017   1.507 0.171***  
Dummy: Vietnam
 2007   − 1.577 − 0.109  
 2010   − 1.441 − 0.099  
 2012   − 1.421 − 0.100  
 2014   − 1.329 − 0.092  
 2016   − 0.757 − 0.017  
 2017   − 0.736 − 0.019  
Dummy: Thailand
 2007   1.781*** 0.136***  
 2010   1.932*** 0.150***  
 2012   1.992*** 0.162***  
 2014   2.052*** 0.161***  
 2016   2.001*** 0.162***  
 2017   1.996*** 0.161***  
Dummy: Malaysia
 2007   2.377*** 0.181***  
 2010   2.552*** 0.212***  
 2012   2.566*** 0.208***  
 2014   2.620*** 0.213***  
 2016   2.682*** 0.218***  
 2017   2.686*** 0.217***  
Adjusted R2 0.661 0.986 0.866 0.866
i,t Fixed effects No Yes Yes No
j,t Fixed effects No Yes Yes Yes
i,j Fixed effects No Yes Yes Yes
RESET p-vals 0.000 0.000 0.160 0.000
  1. Standard errors are in parentheses. *** denotes the statistical significance at 99 percent level