Table 11
Probit coefficient estimates of entering and exiting export markets

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Probit coefficient estimates of entering and exiting export markets: Part 1
	Entry				Exit
	Specification (1)		Specification (2)		Specification (1)		Specification (2)
	estimate	standard error	estimate	standard error	estimate	standard error	estimate	standard error
Average tariff changes	0.154 ^**	0.056	…	…	-0.317 ^**	0.113	…	…
Canadian tariff changes	…	…	0.005	0.036	…	…	-0.183 ^*	0.097
U.S tariff changes	…	…	0.275 ^**	0.067	…	…	-0.130	0.165
U.S/Canada real exchange rate changes	-0.043 ^**	0.011	-0.040 ^**	0.011	-0.005	0.020	-0.005	0.020
Average tariff changes x relative labour productivity	-0.095 ^**	0.04	…	…	0.102 ^**	0.051	…	…
Average tariff changes x relative employment	-0.087 ^**	0.022	…	…	0.205 ^**	0.095	…	…
Average Canadian tariff changes x relative labour productivity	…	…	-0.049 ^*	0.028	…	…	0.055	0.066
Average Canadian tariff changes x relative employment	…	…	0.005	0.014	…	…	0.163 ^**	0.065
Average US tariff changes x relative labour productivity	…	…	-0.068 ^*	0.040	…	…	0.046	0.117
Average US tariff changes x relative employment	…	…	-0.168 ^**	0.030	…	…	-0.003	0.095
Average real-exchange-rate changes x relative labour productivity	0.019 ^**	0.007	0.018 ^**	0.007	0.012	0.012	0.012	0.012
Average real-exchange-rate changes x relative employment	-0.019 ^**	0.005	-0.020 ^**	0.005	0.028 ^**	0.015	0.027 ^*	0.015
Relative labour productivity	0.094 ^**	0.026	0.090 ^**	0.025	-0.077 ^**	0.026	-0.077 ^**	0.026
Relative employment	0.143 ^**	0.015	0.142 ^**	0.014	-0.223 ^**	0.061	-0.220 ^**	0.060
Age	0.009 ^**	0.002	0.009 ^**	0.002	-0.013 ^**	0.003	-0.013 ^**	0.003
Foreign-control	0.017	0.031	0.014	0.031	-0.219 ^**	0.038	-0.219 ^**	0.038
Industry real-gross-shipment growth	0.000	0.001	0.000	0.001	-0.003	0.002	-0.003	0.002

Probit coefficient estimates of entering and exiting export markets: Part 2
Diagnostic statistics	Specification (1)	Specification (2)	Specification (1)	Specification (2)
Number of observations	36,683	36,683	10,137	10,137
Log pseudo-likelihood	-14,974	-14,978	-5,428	-5,427

Note(s):

Specification (1) uses average tariff changes between Canada and the U.S in the probit regression, while specification (2) uses Canadian tariff changes and U.S tariff changes. ** and * significant at the 5 percent and 10 percent levels, respectively; standard errors are corrected for clustering at the plant level.

Source(s):

Authors' calculation.

Table 11Probit coefficient estimates of entering and exiting export markets

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Table 11
Probit coefficient estimates of entering and exiting export markets