Table 3 Industry tariffs and informality interaction with indicator variable of small-size industry in 1980 OLS and IV estimation
From: Trade liberalization and informality in Argentina: exploring the adjustment mechanisms
Dep. var.: informality status of workers | (1) | (2) | (3) | (4) |
|---|---|---|---|---|
A) OLS | ||||
Log of tariffs | 0.011 [0.015] | 0.02 [0.015] | 0.02 [0.015] | 0.023 [0.015] |
Log of tariffs*S | − 0.038 [0.018]** | − 0.039 [0.018]** | − 0.045 [0.019]** | |
Observations | 26795 | 26795 | 26795 | 26795 |
R2 | 0.18 | 0.18 | 0.18 | 0.18 |
B) IV-Second-stage results: informality | ||||
Log of tariffs | − 0.178 [0.208] | − 0.021 [0.065] | − 0.019 [0.064] | − 0.02 [0.067] |
Log of tariffs*S | − 0.086 [0.029]*** | − 0.086 [0.029]*** | − 0.105 [0.037]*** | |
Observations | 26795 | 26795 | 26795 | 26795 |
C) First-stage results: tariffs | ||||
Log of tariffs | ||||
\(z^{1}\) | − 0.037 [0.066] | − 0.141 [0.068]** | − 0.142 [0.068]** | − 0.13 [0.072]* |
\(z^{1}\)*S | 0.035 [0.010]*** | 0.035 [0.010]*** | 0.036 [0.011]*** | |
\(z^{2}\) | − 0.147 [0.112] | − 0.225 [0.108]** | − 0.226 [0.108]** | − 0.229 [0.112]** |
\(z^{2}\)*S | 0.255 [0.084]*** | 0.255 [0.084]*** | 0.255 [0.084]*** | |
\(R^{2}\) | 0.74 | 0.75 | 0.75 | 0.75 |
Log of tariffs*S | ||||
\(z^{1}\) | − 0.059 [0.035]* | − 0.061 [0.035]* | − 0.028 [0.034] | |
\(z^{1}\)*S | − 0.082 [0.006]*** | − 0.081 [0.006]*** | − 0.078 [0.007]*** | |
\(z^{2}\) | − 0.023 [0.064] | − 0.028 [0.064] | − 0.043 [0.068] | |
\(z^{2}\)*S | 0.051 [0.066] | 0.047 [0.066] | 0.05 [0.064] | |
\(R^{2}\) | 0.99 | 0.99 | 0.99 | |
Kleibergen-Papp Wald F | 1.09 | 4.52 | 4.52 | 4.02 |
Anderson-Rubin Wald F test (p-value) | 0.0358 | 0.0136 | 0.0133 | 0.0056 |