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THE IMPACT OF HISTORICAL AND REGIONAL LINKAGES ON FREE TRADE IN THE AMERICAS: A GRAVITY MODEL ANALYSIS ACROSS SECTORS AgEcon
Sandberg, H. Mikael.
This paper estimates the impact of regional linkages (i.e. regional trading agreements) and historical linkages (i.e. neo-colonial trade ties) on trade pattern in the Western Hemisphere using the gravity model of international trade. The estimation is made at the aggregate trade level as well as on the disaggregated level by using trade data corresponding to food products and manufactured goods respectively. The evidence suggests that significant distortions of trade patterns due to regional and historical linkages exist. It seems that smaller economies are more receptive to the effects of regionalism than larger ones and that the food sector is more affected by distortions than the manufactured goods sector.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/20201
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CARICOM Bilateral Trade: A Preliminary Analysis Using the Gravity Model AgEcon
Sandberg, H. Mikael; Taylor, Timothy G.; Seale, James L., Jr..
This paper investigates the determinants of intra-CARICOM bilateral trade and the CARICOM member's trade with the North American and European countries using the gravity model. Seventeen annual cross-sections are estimated for the period 1980 through 1996. Overall, the empirical results indicate that the gravity model has considerable potential to explain intra-CARICOM bilateral trade as well as trade between CARICOM members and non-members. The evidence suggests that both the importer's GDP per capita and the exporter's GDP per capita exert strong positive effects on CARICOM trade levels. Since these effects are found to be statistically the same, we conclude that the gravity model is symmetric with respect to GDP per capita. Further, sharing a common...
Tipo: Working or Discussion Paper Palavras-chave: Caribbean economies; CARICOM; FTAA; Gravity model; Regional integration; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/15636
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The Impact of Historical and Regional Networks on Trade Volumes within the Western Hemisphere: A Gravity Analysis across Sectors AgEcon
Sandberg, H. Mikael; Seale, James L., Jr..
This paper identifies and analyzes the effects of existing trade networks on bilateral trade volumes in the Western Hemisphere by applying the gravity model of international trade to two data-sets, one encompassing bilateral trade volumes of agricultural products and one encompassing bilateral trade volumes of manufactured goods.
Tipo: Presentation Palavras-chave: International trade; Gravity models; History; Regional trade agreements.; International Relations/Trade; F1 (International trade); F15 (Economic integration); F54 (Post-colonialism); F55 (International institutional arrangements)..
Ano: 2012 URL: http://purl.umn.edu/120071
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