Table 3 The effect of imports of machinery parts and components on Latin American intra-bloc machinery exports
From: Machinery production networks in Latin America: a quantity and quality analysis
| Â | Final products | Parts and components | ||||
|---|---|---|---|---|---|---|
Pooled machinery | Electric machinery | Transport equipment | Pooled machinery | Electric machinery | Transport equipment | |
Tariff | − 0.17*** (0.05) | − 0.12** (0.06) | − 0.05 (0.08) | − 0.03 (0.04) | − 0.03 (0.04) | − 0.05 (0.04) |
Lagged imports of parts and components from ROW | 0.15*** (0.05) | − 0.24** (0.09) | 0.18** (0.07) | 0.19*** (0.05) | 0.08 (0.07) | 0.04 (0.06) |
Lagged imports of parts and components from EU | − 0.03 (0.08) | 0.18 (0.23) | − 0.03 (0.21) | − 0.20 (0.13) | − 0.42*** (0.12) | − 0.08 (0.12) |
Lagged imports of parts and components from EA | 0.45*** (0.06) | 0.00 (0.15) | 0.15 (0.19) | 0.05 (0.07) | 0.38*** (0.10) | 0.31 (0.20) |
Lagged imports of parts and components from LA | 0.53*** (0.08) | 0.07 (0.09) | − 0.12 (0.18) | 0.64*** (0.08) | 0.16 (0.11) | 0.39*** (0.14) |
Lagged imports of parts and components from US and Canada | − 0.32*** (0.08) | − 0.52*** (0.15) | − 0.32 (0.23) | 0.31*** (0.08) | − 0.17* (0.09) | − 0.49*** (0.18) |
Lagged imports of parts and components from China and HK | − 0.27*** (0.05) | 0.22** (0.09) | 0.06 (0.10) | − 0.02 (0.06) | 0.02 (0.10) | 0.02 (0.07) |
PTA depth | − 0.24 (0.26) | − 0.66*** (0.22) | − 0.20 (0.65) | − 0.33 (0.29) | − 0.09 (0.20) | 0.03 (0.49) |
Observations | 16,943 | 4320 | 4032 | 16,667 | 4256 | 3794 |
R 2 | 0.87 | 0.90 | 0.94 | 0.87 | 0.94 | 0.97 |