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Table 7 ERGM estimates and standard errors alongside their significance on edge formation

From: Analysis of the global trade network using exponential random graph models

Configuration Estimate Standard error Significance
Edges − 4.545 0.292 ***
Mutual 0.212 0.067 **
Triangle 0.030 0.003 ***
GDP (Current US$) nodecov 0.185 0.020 ***
GDP (Current US$) absdiff 0.272 0.024 ***
Inflation, consumer prices nodecov − 0.040 0.022 .
Inflation, consumer prices absdiff 0.036 0.028  
GDP growth nodecov − 0.010 0.017  
GDP growth absdiff − 0.027 0.023  
Is landlocked nodematch − 0.220 0.039 ***
Official language nodematch − 0.014 0.063  
Diplomatic exchange network edgecov − 1.677 0.079 ***
Agriculture, forestry, and fishing, value added (% of GDP) nodecov − 0.052 0.022 *
Agriculture, forestry, and fishing, value added (% of GDP) absdiff 0.090 0.028 **
Industry (including construction), value added (% of GDP) nodecov 0.055 0.020 **
Industry (including construction), value added (% of GDP) absdiff − 0.114 0.026 ***
Merchandise trade (% of GDP) nodecov 0.046 0.017 **
Merchandise trade (% of GDP) absdiff − 0.031 0.026  
Net barter terms of trade index (2000 = 100) nodecov 0.040 0.015 *
Net barter terms of trade index (2000 = 100) absdiff − 0.090 0.024 ***
Foreign direct investment, net inflows nodecov − 1.474 0.199 ***
Foreign direct investment, net inflows absdiff 1.352 0.200 ***
Colonial History network edgecov − 0.513 0.603  
Distance network edgecov 0.190 0.030 ***
  1. \(p<0.1\).; \(p<0.05\)*; \(p<0.01\)**; \(p<0.001\)***