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Table 6 Baseline model and sector heterogenous effect

From: Real exchange rate and manufacturing growth in Latin America

  (1) Intermediate Import
Imp. ratio Cont. of exp.
LA IND LA IND
Ln initial production per capita −0.114*** (0.0219)     
Ln underval 0.0784** (0.0308)     
LA× underval 0.0723*** (0.022)     
Interactions of LA× underval with:
 16 Tobacco products −0.139*** 0.09 0.23 0.13 0.25
 17 Textiles 0.0526*** 0.32 0.54 0.24 0.36
 18 Wearing apparel, fur 0.0159 0.32 0.54 0.24 0.36
 19 Leather, leather products and footwear 0.0720*** 0.32 0.54 0.24 0.35
 20 Wood products (excl. furniture) 0.0497*** 0.11 0.28 0.11 0.29
 21 Paper and paper products 0.0713*** 0.18 0.28 0.20 0.29
 22 Printing and publishing 0.0154** 0.18 0.27 0.20 0.29
 23 Coke, refined petroleum products,nuclear fuel −0.0547*** 0.16 0.35 0.28 0.60
 24 Chemicals and chemical products 0.00586*** 0.38 0.62 0.23 0.38
 25 Rubber and plastics products −0.0302*** 0.31 0.45 0.29 0.38
 26 Nonmetallic mineral products 0.0927*** 0.11 0.25 0.13 0.26
 27 Basic metals 0.0822*** 0.27 0.52 0.21 0.41
 28 Fabricated metal products 0.0806*** 0.26 0.29 0.23 0.33
 29 Machinery and equipment n.e.c. 0.125*** 0.50 0.57 0.26 0.35
 30 Office, accounting and computing machinery −0.343*** 0.80 0.77 0.49 0.48
 31 Electrical machinery and apparatus −0.0255** 0.60 0.59 0.29 0.41
 32 Radio, television and communication equipment −0.143*** 0.69 0.70 0.33 0.65
 33 Medical, precision and optical instruments 0.0904*** 0.27 0.65 0.15 0.38
 34 Motor vehicles, trailers, semitrailers 0.184*** 0.46 0.64 0.33 0.45
 35 Other transport equipment 0.242*** 0.29 0.51 0.19 0.36
 36 Furniture; manufacturing n.e.c. −0.00448 0.23 0.30 0.21 0.31
Country controls Yes     
Sector–country FE Yes     
Year FE Yes     
Observations 9,552     
  1. Error term clustered by sector
  2. * p < 0.10, ** p < 0.05, *** p < 0.01