From: Trade liberalization and informality in Argentina: exploring the adjustment mechanisms
(1) | (2) | |||
---|---|---|---|---|
Formal | Informal | Formal | Informal | |
A) Definition 1: share of small-size firms in industry | ||||
Log of tariffs | − 0.164 [1.512] | − 0.297 [0.981] | 0.001 [0.283] | − 0.126 [0.493] |
Log of tariffs*S | 0.288 [2.262] | 0.461 [− 3.871] | − 0.029 [0.104] | − 0.050 [0.213] |
Observations | 15,489 | 5,172 | 15,489 | 5,172 |
\(R^{2}\) | 0.68 | 0.58 | 0.68 | 0.58 |
B) Definition 2: indicator of small-size industry | ||||
Log of tariffs | − 0.152 [0.126] | − 0.234 [0.505] | − 0.100 [0.162] | − 0.168 [0.383] |
Log of tariffs*S | − 0.963 [0.885] | − 0.349 [0.678] | − 0.034 [0.090] | − 0.065 [0.134] |
Observations | 15,489 | 5,172 | 15,489 | 5,172 |
\(R^{2}\) | 0.67 | 0.56 | 0.68 | 0.58 |