Table 3 Baseline model: regression estimates
From: Real exchange rate and manufacturing growth in Latin America
| Â | (1) | (2) |
|---|---|---|
Ln Initial production per capita | −0.111*** | −0.110*** |
| Â | (0.0207) | (0.0208) |
Ln underval | 0.134*** | 0.0895*** |
| Â | (0.0206) | (0.0274) |
Ln RGDPCH | 0.364*** | 0.362*** |
| Â | (0.0434) | (0.0434) |
LA× Ln underval |  | 0.0804** |
| Â | Â | (0.0331) |
Sector–country FE | Yes | Yes |
Year FE | Yes | Yes |
Observations | 9,592 | 9,592 |