**Appendix Table A2: Estimates of Ω, the CET Elasticities**

|**Country**||**Estimat**|**e and test**|||||**Model**|
|---|---|---|---|---|---|---|---|---|
|||**Stdd**|**t**|**NOB**<br>**ft**||**Lag**<br>**itl**|**C d td**||
||**Ω**|**anar**<br>**Error**|**-**<br>**statistic**|**ae**<br>**r adj**|**Method**|**nerva**<br>**in VEC**|**an ren**<br>**structure in VEC**|**Additional specifications**<br>|
|Kyrgyz, Rep.|0.687|0.257|2.668|24|VEC|1,4|C in CE|reduced eq of export system; xgr exogenous in CE; egr<br>exogenous in VAR|
|Lao PDR|0.372|0.122|3.051|31|GMM|||ar(1), ma(1) as extra vars; insts= xgr, eshare|
|Latvia|0.736|0.254|2.896|28|FMOLS|||CE deterministic regressors= C, T, xgr; additional<br>deterministic regressors= T^2, eshare|
|Lebanon|0.892|0.396|2.254|28|FMOLS|||CE deterministic regressors= C, xgr; additional<br>deterministic regressors= T, T^2, eshare|
|Lesotho|0.747|0.044|16.816|46|VEC|1,2|C in C|<br>reduced eq of export system|
|Liberia|0.585|0.157|3.730|48|FMOLS|||CE deterministic regressors=C, egr; additional<br>deterministic regressors= eshare|
|Libya|0.740|0.287|2.575|45|VEC|1,3|C in CE, VAR|factor demand (re-export) spec; xgr as additional<br>endogenous var; global price ratio exogenous in VAR|
|Liechtenstein|1.815|0.491|3.700|48|GMM|||C, T, ar(1) as additional vars; inst= eshare|
|Lithuania|1.032|0.294|3.507|28|FMOLS|||deterministic regressors: C, T, T^2, mgr, lyx, dummy after<br>2009; additional deterministic regressors= eshare|
|Luxembourg|2.319|0.599|3.870|45|VEC|1,3|C in CE, VAR|factor demand (re-export) spec; reduced eq of export<br>system; eshare exogenous in VAR<br>|
|Macao SAR, China|1.156|0.141|8.180|36|FMOLS|||factor demand (re-export) spec; deterministic<br>regressors= C, T, xgr; additional deterministic regressors=<br>T^2, eshare, global demand and price ratios|
|Madagascar|0.485|0.230|2.110|48|GMM|||xgr, ar(1) as added vars; insts=eshare, global demand<br>ratio|
|Malawi|0.303|0.112|2.707|48|GMM|||egr, ar(1) as extra vars; insts= eshare, global demand<br>ratio|
|Malaysia|0.736|0.302|2.437|48|GMM|||factor demand (re-export) spec; C, xgr, T, T^2 as extra<br>vars; insts= mshare, global demand ratio|
|Maldives|0.638|0.304|2.102|48|GMM|||factor demand (re-export) spec; C, T, T^2, egr, ar(1) as<br>extra vars; insts= eshare, mshare, xgr|
|Mali|0.931|0.422|2.204|48|GMM|||T, ar(1) as extra vars; insts= eshare, xgr|
|Malta|1.074|0.328|3.275|45|VEC|1,3|C in CE, VAR|factor demand (re-export) spec; xgr as extra endogenous<br>var; dummy 2000 and after exogenous in CE and VAR|
|Marshall Islands|0.402|0.112|3.587|48|FMOLS|||CE deterministic regressors= C, T, egr, global demand and<br>price ratios; additional deterministic regressors= T^2,<br>eshare|
|Mauritania|0.568|0.278|2.042|47|GMM|||egr, T, ar(1), ma(1) as extra vars; inst= eshare|
|Mauritius|0.908|0.390|2.329|37|VEC|1,5|C, T in CE, VAR|dummy 1990 and after exogenous in CE and VAR; global<br>demand and price ratios exogenous in VAR|
|Mexico|0.665|0.116|5.748|48|GMM|||<br>egr, ar(1) as extra vars; inst= eshare|
|Moldova|0.760|0.117|6.508|20|VEC|1,3|C, T in CE, VAR|xgr exogenous in CE, VAR; global demand and price ratios<br>exogenous in VAR|
|Mongolia|0.698|0.081|8.651|34|VEC|1,3|C, T in CE, VAR|reduced eq of export system; egr exogenous in VAR|
|Montenegro|0.732|0.666|1.099*|27|GMM|||ar(1) and global demand ratio as extra vars; inst= eshare|
|Morocco|0.520|0.259|2.004|45|VEC|1,3|C, T in CE; C in VAR|global demand ratio exogenous in VAR|
|Mozambique|0.294|0.100|2.950|37|FMOLS|||reduced eq of export system; CE deterministic regressor=<br>C; additional deterministic regressors: T, mshare|
|Myanmar|0.221|0.071|3.099|48|GMM|||C, T ar(1) as extra vars; insts= T^2, eshare|
|Namibia|0.595|0.151|3.944|36|VEC|1,2|C in CE|global demand and price ratios exogenous in VAR|
|||||||||factor demand (re-export) spec; reduced eq of export|
|Nauru|1.181|0.477|2.474|47|FMOLS|||<br>system; CE deterministic regressors= C, T, xgr, dummy<br>2005 and after; additional deterministic regressors= T^2|
|Netherlands|2.092|0.302|6.926|42|VEC|1,6|C,T in CE; C in VAR|reduced eq of export system; dummy 2001 and after<br>exogenous in CE; eshare exogenous in VAR|

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