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Table 3 Baseline model: regression estimates

From: Real exchange rate and manufacturing growth in Latin America

  (1) (2)
Ln Initial production per capita −0.111*** −0.110***
  (0.0207) (0.0208)
Ln underval 0.134*** 0.0895***
  (0.0206) (0.0274)
Ln RGDPCH 0.364*** 0.362***
  (0.0434) (0.0434)
LA× Ln underval   0.0804**
   (0.0331)
Sector–country FE Yes Yes
Year FE Yes Yes
Observations 9,592 9,592
  1. Robust standard errors in parentheses
  2. * p < 0.10, ** p < 0.05, *** p < 0.01