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Table 4 The effect of imports of machinery parts and components on Latin American intra-bloc machinery exports by subregion

From: Machinery production networks in Latin America: a quantity and quality analysis

  Final products Parts and components
CE, Mexico and Chile Andean Community Mercosur CE, Mexico and Chile Andean Community Mercosur
Tariff − 0.28*** (0.07) 0.06 (0.09) − 0.23*** (0.07) 0.05 (0.08) − 0.05 (0.10) − 0.10*** (0.03)
Lagged imports of parts and components from ROW 0.04 (0.06) − 0.13 (0.09) 0.15** (0.07) 0.23*** (0.06) − 0.14 (0.12) 0.10** (0.05)
Lagged imports of parts and components from EU − 0.18 (0.13) − 0.18 (0.25) 0.12 (0.19) − 0.45*** (0.12) − 0.17 (0.20) − 0.17 (0.13)
Lagged imports of parts and components from EA 0.15*** (0.06) 0.36** (0.17) 0.66*** (0.13) 0.25*** (0.08) − 0.04 (0.19) 0.03 (0.09)
Lagged imports of parts and components from LA 0.32*** (0.09) 0.49*** (0.13) 0.10 (0.11) 0.45*** (0.07) 0.16 (0.12) 0.05 (0.09)
Lagged imports of parts and components from US and Canada 0.42*** (0.10) − 0.02 (0.25) − 0.92*** (0.15) 0.58*** (0.10) 0.40* (0.21) − 0.25*** (0.09)
Lagged imports of parts and components from China and HK − 0.22*** (0.05) − 0.38*** (0.13) − 0.12 (0.09) 0.06 (0.07) 0.13 (0.11) 0.26*** (0.05)
PTA depth − 0.60*** (0.22) 0.48 (0.56) 0.66 (1.02) − 1.29*** (0.35) − 0.06 (0.31) 1.03 (0.85)
Observations 0.71 0.69 0.91 0.90 0.73 0.92
R 2 7807 5104 4032 7635 5104 3928
  1. Results that are statistically significant and different from zero are highlighted using bold text
  2. Given a restriction of space, the coefficients of secondary variables are omitted. Robust standard errors in parentheses: *p < 0.10, **p < 0.05, ***p < 0.01