Ordinary Least Squares Fixed Effects Sample Clauses

Ordinary Least Squares Fixed Effects. Consider the OLS-FE model: ln = + + + + + where ln ( ) represents the natural-log transformed1 dependent variables. is the impact of Chinese imports for firm , in industry , country and year . and are time and firm-level fixed effects respectively. The control variables include country-year () and industry-country () dummy interaction variables to capture country and country-specific industry trends. Industry was defined using the 10 industry divisions of SIC. Error terms were clustered at country- industry pair levels to satisfy the Stable Unit Treatment Value Assumption (SUTVA). For labour productivity variables that only use Thai firm data, the following OLS-FE model was used: ln = + + + + + Where ln represents the natural-log transformed productivity variables. represents the impact of Chinese imports for firm , in industry , and year . and are firm and industry fixed effects. Standard errors are clustered at industry level.
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