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gw_price_lr_third.tex
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gw_price_lr_third.tex
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% Table created by stargazer v.5.1 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Fri, Oct 02, 2015 - 13:15:19
\begin{tabular}{@{\extracolsep{5pt}}lcccccc}
\\[-1.8ex]\hline
\hline \\[-1.8ex]
& \multicolumn{6}{c}{\textit{Dependent variable:}} \\
\cline{2-7}
\\[-1.8ex] & \multicolumn{6}{c}{$\Delta \log \left(\frac{p_t}{p_t^*} \right)$} \\
\\[-1.8ex] & (1) & (2) & (3) & (4) & (5) & (6)\\
\hline \\[-1.8ex]
$\Delta \log \tau_t^{hf}$ & $-$0.001 & $-$0.001 & $-$0.003 & 0.003 & $-$0.004 & 0.002 \\
& (0.002) & (0.001) & (0.003) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\Delta \log \tau_t^{fh}$ & 0.001 & 0.00001 & 0.00003 & 0.0005 & 0.0002 & 0.0003 \\
& (0.002) & (0.002) & (0.004) & (0.003) & (0.003) & (0.003) \\
& & & & & & \\
$\Delta \log \tau_t^{ht}$ & 0.003$^{**}$ & 0.004$^{***}$ & 0.003 & 0.005$^{*}$ & 0.003 & 0.007$^{***}$ \\
& (0.002) & (0.001) & (0.003) & (0.003) & (0.003) & (0.002) \\
& & & & & & \\
$\Delta \log \tau_t^{th}$ & 0.001 & 0.0002 & 0.002 & 0.001 & 0.001 & $-$0.001 \\
& (0.002) & (0.002) & (0.003) & (0.003) & (0.003) & (0.002) \\
& & & & & & \\
$\Delta \log \tau_t^{ft}$ & $-$0.001 & $-$0.0002 & 0.001 & $-$0.004 & 0.001 & $-$0.002 \\
& (0.002) & (0.002) & (0.003) & (0.003) & (0.003) & (0.002) \\
& & & & & & \\
$\Delta \log \tau_t^{tf}$ & $-$0.003$^{**}$ & $-$0.004$^{***}$ & $-$0.004 & $-$0.004 & $-$0.005 & $-$0.005$^{**}$ \\
& (0.002) & (0.001) & (0.003) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\Delta \log D_t$ & $-$0.013 & $-$0.011 & $-$0.054$^{*}$ & 0.032 & $-$0.050 & 0.046 \\
& (0.024) & (0.023) & (0.032) & (0.041) & (0.031) & (0.040) \\
& & & & & & \\
$\Delta \log D_t^*$ & 0.028 & 0.019 & 0.032 & 0.415$^{**}$ & 0.034 & 0.093 \\
& (0.036) & (0.034) & (0.039) & (0.190) & (0.038) & (0.151) \\
& & & & & & \\
$\log \left(\frac{p_{t-1}}{p_{t-1}^*} \right)$ & $-$0.135$^{***}$ & $-$0.127$^{***}$ & $-$0.120$^{***}$ & $-$0.195$^{***}$ & $-$0.117$^{***}$ & $-$0.168$^{***}$ \\
& (0.007) & (0.007) & (0.013) & (0.013) & (0.012) & (0.012) \\
& & & & & & \\
$\log \tau_{t-1}^{hf}$ & 0.00001 & $-$0.001 & $-$0.001 & 0.002 & $-$0.001 & 0.0003 \\
& (0.001) & (0.001) & (0.003) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\log \tau_{t-1}^{fh}$ & 0.001 & $-$0.0003 & 0.0002 & $-$0.003 & 0.0003 & $-$0.003 \\
& (0.002) & (0.001) & (0.004) & (0.003) & (0.003) & (0.002) \\
& & & & & & \\
$\log \tau_{t-1}^{ht}$ & $-$0.0002 & 0.001 & $-$0.0004 & 0.002 & 0.001 & 0.003$^{*}$ \\
& (0.002) & (0.001) & (0.003) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\log \tau_{t-1}^{th}$ & 0.002 & 0.001 & 0.002 & 0.005$^{**}$ & 0.002 & 0.001 \\
& (0.002) & (0.001) & (0.003) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\log \tau_{t-1}^{ft}$ & $-$0.003$^{**}$ & $-$0.001 & $-$0.0002 & $-$0.006$^{***}$ & 0.0002 & $-$0.001 \\
& (0.002) & (0.001) & (0.004) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\log \tau_{t-1}^{tf}$ & 0.002 & 0.001 & 0.001 & 0.002 & 0.001 & 0.00005 \\
& (0.002) & (0.001) & (0.004) & (0.002) & (0.003) & (0.002) \\
& & & & & & \\
$\log L_{t-1}$ & $-$0.682$^{***}$ & $-$0.636$^{***}$ & $-$0.435$^{**}$ & $-$1.136$^{***}$ & $-$0.426$^{**}$ & $-$1.059$^{***}$ \\
& (0.113) & (0.103) & (0.191) & (0.191) & (0.176) & (0.182) \\
& & & & & & \\
$\log L_{t-1}^*$ & 0.684$^{***}$ & 0.611$^{***}$ & 0.428$^{**}$ & 1.185$^{***}$ & 0.419$^{**}$ & 1.046$^{***}$ \\
& (0.109) & (0.102) & (0.182) & (0.193) & (0.171) & (0.183) \\
& & & & & & \\
\hline \\[-1.8ex]
Observations & 2,522 & 2,522 & 965 & 743 & 965 & 743 \\
R$^{2}$ & 0.210 & 0.202 & 0.207 & 0.344 & 0.199 & 0.293 \\
\hline
\hline \\[-1.8ex]
\textit{Note:} & \multicolumn{6}{r}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\
& \multicolumn{6}{r}{Fixed effects for country pair} \\
\end{tabular}