Table 5 The effect of import composition of machinery parts and components on Latin American intra-bloc machinery exports sophistication
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 | 0.05*** (0.01) | 0.07*** (0.01) | 0.05*** (0.02) | 0.08*** (0.01) | 0.08*** (0.01) | 0.06*** (0.02) |
Lagged imports of parts and components from ROW | 0.01** (0.01) | 0.02 (0.01) | 0.00 (0.01) | 0.04*** (0.01) | 0.01 (0.01) | 0.01 (0.01) |
Lagged imports of parts and components from EU | 0.04*** (0.01) | 0.04* (0.02) | 0.03 (0.05) | 0.04*** (0.01) | − 0.03 (0.02) | − 0.01 (0.05) |
Lagged imports of parts and components from EA | 0.02*** (0.01) | 0.03 (0.03) | 0.01 (0.04) | 0.04*** (0.01) | − 0.04* (0.02) | − 0.03 (0.03) |
Lagged imports of parts and components from LA | 0.02*** (0.01) | 0.06** (0.03) | − 0.03 (0.06) | 0.02** (0.01) | 0.03 (0.03) | 0.00 (0.05) |
Lagged imports of parts and components from US and Canada | 0.06*** (0.01) | 0.07*** (0.03) | − 0.02 (0.04) | 0.10*** (0.01) | − 0.01 (0.03) | 0.01 (0.04) |
Lagged imports of parts and components from China and HK | 0.00 (0.01) | 0.03 (0.02) | 0.02 (0.01) | 0.01 (0.01) | 0.04*** (0.02) | 0.00 (0.01) |
PTA depth | 0.01 (0.03) | 0.03 (0.05) | 0.04 (0.07) | 0.01 (0.04) | − 0.08* (0.05) | 0.07 (0.06) |
Observations | 16,943 | 4320 | 4032 | 16,667 | 4256 | 3794 |
R 2 | 0.42 | 0.46 | 0.49 | 0.44 | 0.51 | 0.55Â |