Dear all,
I am running a PPML regression that tests the impact of enforceable trade provisions on exports between developed and developing countries. Overall the model and the variables are significant and the signs are consistent with that of the literature. However, I noticed that the coefficients that I get are relatively large, about 0.21 & 0.18 (21% and 18%), which is fine except that I haven't came across papers showing such high coefficients, the majority of the work show an effect of about 3% or even less. Is there is something that could be causing such high coefficients?
Thank you would greatly appreciate your help on this.
I am running a PPML regression that tests the impact of enforceable trade provisions on exports between developed and developing countries. Overall the model and the variables are significant and the signs are consistent with that of the literature. However, I noticed that the coefficients that I get are relatively large, about 0.21 & 0.18 (21% and 18%), which is fine except that I haven't came across papers showing such high coefficients, the majority of the work show an effect of about 3% or even less. Is there is something that could be causing such high coefficients?
Thank you would greatly appreciate your help on this.
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