Table 10 Cocaine seizures in Colombia and other economic variables in Mexico or the USA
From: Violence and migration: evidence from Mexico’s drug war
Panel A: exports | Colombia, exports | Mexico, exports | |||
Mexico | United States | World | United States | World | |
Monthly data, January 2004–April 2012 | (1) | (2) | (3) | (4) | (5) |
Cocaine seized by Colombian | 82.65166 | 0.44371 | 0.39775 | −0.03587 | 0.00789 |
Authorities | (66.98469) | (1.65411) | (0.65803) | (0.22173) | (0.15651) |
Observations | 100 | 100 | 100 | 100 | 100 |
R-squared | 0.01530 | 0.00073 | 0.00371 | 0.00027 | 0.00003 |
Panel B: economic activity | |||||
Employment | Unemployment | Weekly | Real GDP | ||
hours worked | |||||
Quarterly data, Q12005-Q42011 | (1) | (2) | (3) | (4) | |
Cocaine Seized by Colombian | −0.00003 | 0.00005 | −0.00339 | −0.00344 | |
Authorities | (0.00009) | (0.00008) | (0.00682) | (0.00779) | |
Observations | 28 | 28 | 28 | 28 | |
R-squared | 0.00326 | 0.01545 | 0.00939 | 0.00745 | |
Panel C: drug seizures by | |||||
Mexican authorities | Opium | Marijuana | |||
Quarterly data, Q12005-Q42011 | (1) | (2) | |||
Cocaine seized by Colombian | −0.13952 | −0.20048 | |||
Authorities | (0.16537) | (0.17662) | |||
Observations | 28 | 28 | |||
R-squared | 0.02665 | 0.04722 | |||