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Registros recuperados: 14 | |
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Martinez-Zarzoso, Inmaculada; Nowak-Lehmann, Felicitas. |
This paper applies the gravity trade model to assess Mercosur-European Union trade, and trade potential following the agreements reached recently between both trade blocs. The model is tested for a sample of 20 countries, the four formal members of Mercosur plus Chile and the fifteen members of the European Union. A panel data analysis is used to disentangle the time invariant country-specific effects and to capture the relationships between the relevant variables over time. We find that the fixed effect model is to be preferred to the random effects gravity model. Furthermore, a number of variables, namely, infrastructure, income differences and exchange rates added to the standard gravity equation, are found to be important determinants of bilateral... |
Tipo: Journal Article |
Palavras-chave: Gravity equation; Panel data; Infrastructure; Integration; International Relations/Trade; F14; F15. |
Ano: 2003 |
URL: http://purl.umn.edu/43996 |
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Cipollina, Maria; Salvatici, Luca. |
Over the time a large number of reciprocal preferential trade agreements (RTAs) have been concluded among countries. Recently many studies have used gravity equations in order to estimate the effect of RTAs on trade flows between partners. These studies report very different estimates since they differ greatly in data sets, sample sizes and independent variables used in the analysis. So, what is the "true" impact of RTAs? This paper combines, explains and summarizes a large number of results (1827 estimates included in 85 papers), using a meta-analysis (MA) approach. Notwithstanding quite a high variability, studies consistently find a positive RTAs impact on bilateral trade: the hypothesis that there is no effect of trade agreements on trade is easily and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Free trade agreements; Gravity equation; Meta-regression analysis; Publication bias; International Relations/Trade; C10; F10. |
Ano: 2006 |
URL: http://purl.umn.edu/18877 |
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Olper, Alessandro; Raimondi, Valentina. |
This paper uses the border effect estimate from a gravity model to assess the level of trade integration in agricultural markets between 22 OECD countries, over the 1995-2002 period. The empirical analysis shows that using a gravity equation derived from theory, in the estimation of the border effect, matters. A representative estimate of the border effect shows that crossing a national border into the OECD countries induces a trade-reduction effect by a factor of 8. This average value masks substantial differences in market access across the country groups considered, with higher value in trade between EU countries and lower in trade between CEEC countries. However, the trade integration between CEECs and others OECDs increases substantially in the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural trade; Border effect; Gravity equation; OECDs; International Relations/Trade; F13; F14; Q17. |
Ano: 2005 |
URL: http://purl.umn.edu/24543 |
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Kafle, Kashi R.; Kennedy, P. Lynn. |
This study documents the effect of exchange rate volatility and the real exchange rate on bilateral agricultural exports, imports and total trade (exports + imports) flows between the United States and OECD countries. The effect of exchange rate volatility is estimated both separately from and in combination with the real exchange rate. In addition, implementation of Free Trade Agreements (FTAs) and use of the Euro as a national currency (Euro) are included as dummy variables and their effects on trade flows are also determined. A panel data set, which contains 28 cross-sections and 1148 observations, is used for bilateral trade flows between the United States and OECD countries from 1970 to 2010. With an empirical model based on a gravity equation, the... |
Tipo: Presentation |
Palavras-chave: Bilateral agricultural trade; Exchange rate volatility; OECD¬ countries; Gravity equation; International Relations/Trade. |
Ano: 2012 |
URL: http://purl.umn.edu/119736 |
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Chevassus-Lozza, Emmanuelle; Majkovic, Darja; Persillet, Vanessa; Unguru, Manuela. |
This paper aims to assess the role of non-tariff barriers (NTBs) for new member states (NMSs) exports in the agri-food sector, in the period just before the EU accession actually stepped into force. The assessment is based on a detailed sectoral gravity model, which was enhanced with inclusion of different categories of NTBs: sanitary and phytosanitary measures (SPS), quality measures and import certificates. While the first two categories have implications primarily on production costs, the last category relates to transaction costs. SPS and quality measures do not so much act as barriers to trade for NMSs agro-food exports in the period immediately before joining the single market (year 2003), and their diminishing role, confirmed by the use of gravity... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Non-tariff barriers; Eastern European enlargement; Acquis communautaire; Gravity equation; International Relations/Trade. |
Ano: 2005 |
URL: http://purl.umn.edu/24621 |
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Registros recuperados: 14 | |
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