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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