Table 6 The impact of trade coordination: benchmark regression

PGDP

12546^***

5446^***

7100^***

(2224)

(1612)

(738.9)

Profit

3.372^***

1.077^***

2.295^***

(0.416)

(0.156)

(0.266)

FDI

188.0^*

154.1^*

33.83

(95.51)

(81.74)

(54.63)

Govern

−73380^***

−32359^**

−41021^***

(14450)

(11185)

(5088)

C

−9124^**

−7005^**

−2120

(2920)

(2337)

(1311)

Individual Fixed

Yes

Yes

Yes

Driscoll–Kraay SE

Yes

Yes

Yes

Within R ²

0.5582

0.5782

0.4815

F–Test

223.1^***

461.5^***

193.7^***

Hausman Test

11.53^***

21.62^***

7.06^*

Modified Wald Test

2.0E + 4^***

5.1E + 4^***

4.2E + 4^***

Pesaran Test

11.93^***

12.49^***

9.12^***