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Registros recuperados: 42
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Managing fleet capacity effectively under second-hand market redistribution ArchiMer
Quillerou, Emmanuelle; Roudaut, Nolwenn; Guyader, Olivier.
Fishing capacity management policies have been traditionally implemented at national level with national targets for capacity reduction. More recently, capacity management policies have increasingly targeted specific fisheries. French fisheries spatially vary along the French coastline and are associated to specific regions. Capacity management policies however ignore the capital mobility associated with second-hand vessel trade between regions. This is not an issue for national policies but could limit the effectiveness of regional capacity management policies. A gravity model and a random-effect Poisson regression model are used to analyse the determinants and spatial extent of the second-hand market in France. This study is based on panel data from the...
Tipo: Text Palavras-chave: Gravity model; Fishing vessels; Second-hand markets; Poisson; French Atlantic.
Ano: 2012 URL: http://archimer.ifremer.fr/doc/00102/21288/19569.pdf
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Oligocene-Miocene spreading history of the northern South Fiji Basin and implications for the evolution of the New Zealand plate boundary ArchiMer
Herzer, R. H.; Barker, D. H. N.; Roest, Walter; Mortimer, N..
A tectonic model of the evolution of the northern half of the South Fiji Basin, including the Minerva Triple Junction and Cook Fracture Zone, is developed from regional gravity, multibeam bathymetry, and a new interpretation of magnetic anomalies pinned to radiometric dates of oceanic crust in the basin. The geometry and age of a portion of the Minerva Triple Junction and the Cook-Minerva spreading center (the connection from the triple junction to the Cook Fracture Zone, which accommodated coeval opening of the Norfolk Basin), are resolved with multibeam bathymetry and magnetics. The South Fiji Basin opened from about 34 to 15 Ma in an anticlockwise sweep about an Euler pole located at the northern end of the present Lau Ridge. This rotation and a rigidly...
Tipo: Text Palavras-chave: South Fiji Basin; Back-arc basin evolution; Multibeam bathymetry; Magnetic anomalies; Gravity model; New Zealand plate boundary.
Ano: 2011 URL: http://archimer.ifremer.fr/doc/00030/14112/11362.pdf
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Explaining German imports of olive oil: evidence from a gravity model AgEcon
Kavallari, Aikaterini; Maas, Sarah; Schmitz, P. Michael.
In this study the case of olive oil imports of Germany is examined since olive oil is a traditional Mediterranean commodity and Germany is the biggest importer in the EU. A gravity model has been employed so as to analyse those factors that explain the German imports of olive oil that were identified in a preceding analysis of the German olive oil supply chain. The results of two random-effects models corrected for serial correlation and heteroskedasticity suggest that being a Mediterranean Partner country of the EU has the highest impact on trade flows to Germany, thus supporting further Euromediterranean trade integration. The level of trade to Germany is positively related to existence of direct marketing channels and to tourism implying that these...
Tipo: Conference Paper or Presentation Palavras-chave: Gravity model; Olive oil; Germany; International Relations/Trade.
Ano: 2008 URL: http://purl.umn.edu/44217
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Elasticity of trade flow to trade barriers: A comparison among emerging estimation techniques AgEcon
Olper, Alessandro; Raimondi, Valentina.
The objective of this study has been to analyze the sensitivity of trade flow to trade barriers from gravity equations, using different econometric techniques recently highlighted in the literature. Specifically, we compare a benchmark OLS fixed effects specification a la Feenstra (2002), with three emerging estimation methods: the standard Heckman correction for selection bias, to account for zero trade flow; its extension, recently proposed by Helpman et al. (2008), to control for firm heterogeneity; and, finally, the Poisson pseudo-maximum-likelihood (PPML) technique to correct for the presence of heteroskedasticity, first proposed by Santos Silva and Tenreyro (2006). Our gravity model includes trade among 211 exporter and 104 importer countries, in 18...
Tipo: Conference Paper or Presentation Palavras-chave: Gravity model; Trade Elasticity; Food trade; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/44119
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Financial Development and International Agricultural Trade: Is There A Connection? AgEcon
Susanto, Dwi; Rosson, C. Parr, III.
This study empirically investigates the possible link between financial development and international agricultural trade using binomial models of the gravity equations. Financial development is measured by a constructed financial reforms index. The results provide some evidence on the positive impacts of financial reform on agricultural exports. The results further indicate that countries with a greater degree of financial development as exhibited by advanced countries tend to have larger impacts on agricultural exports. Bilateral trade involving advanced countries has a larger magnitude of impacts of financial reforms on agricultural trade than those involving developing countries
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural trade; Binomial model; Financial reform; Gravity model; International Development; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/98479
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The Gravity Model and the Problem of Zero`s in Agrifood Trade AgEcon
Haq, Zahoor Ul; Meilke, Karl D.; Cranfield, John A.L..
and this is a problem when estimating log-linear gravity equations. This has caused many researchers to either ignore the zero trade flows or to replace the zero with a small positive number. Both of these actions bias the resulting parameter estimates of the gravity equation. In this study we correct for this misspecification by using the Heckman selection model to estimate bilateral trade flows for 46 agrifood products, for the period 1990 to 2000, for 52 countries. In our sample, selection bias rarely affects the signs of variables but often has a substantial effect on the magnitude, statistical significance and economic interpretation of the marginal effects. Hence, treating zero trade flows properly is important from both a statistical and an...
Tipo: Working or Discussion Paper Palavras-chave: Gravity model; Selection bias; Agrifood Trade; Heckman Selection Model; Marginal effects; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/116851
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On Trade Impact of Exchange Rate Volatility and Institutional Quality: The Case of Central European Countries. AgEcon
Ferto, Imre; Fogarasi, Jozsef.
This paper explores the effect of exchange rate volatility and of the institutional quality on international trade flows of transition economies in Central European Countries by applying a gravity model of balance panel between 1999 and 2008. The results show that nominal exchange rate volatility has had a significant negative effect on trade by applying Psuedo- Maximum-Likelihood (PML) estimator method over this period. The institutional quality need to be improved in case of size of government and the quality of regulation. The negative effect of exchange rate volatility on agricultural exports suggests that joining Central European Countries to the euro zone can reduce the negative effects of exchange rate volatility on trade.
Tipo: Conference Paper or Presentation Palavras-chave: International trade; Gravity model; Exchange rate volatility; Institutions; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/114351
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Assessment of the Impact of Avian Influenza Related Regulatory Policies on Poultry Meat Trade and Welfare AgEcon
Wieck, Christine; Schlueter, Simon W.; Britz, Wolfgang.
We use two methodological approaches to analyze avian influenza related quarantine measures. First, a Heckman type gravity model is used to estimate the trade impact and second, a spatial partial equilibrium simulation model is developed to simulate welfare changes. The simulation model considers spread and transmission risk according to the disease status of the importing country as well as parameter uncertainty of the calibrated coefficients by using a Monte Carlo approach. The econometric results show that the principle of regionalization is preferred to import trade bans for uncooked meat. The simulation results verify the negative welfare impact of currently implemented regulatory policies and indicate that significant trade diversion effects...
Tipo: Working Paper Palavras-chave: Animal disease; Quarantine measure; Non-tariff measure; Welfare; Gravity model; Simulation model; Agricultural and Food Policy; Demand and Price Analysis; F14; F17; Q11; Q17; Q18.
Ano: 2012 URL: http://purl.umn.edu/122022
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The Effect of Exchange Rate Volatility upon Foreign Trade of Hungarian Agricultural Products AgEcon
Fogarasi, Jozsef.
This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows of transition economies in Central Europe by studying the case of Hungarian agricultural exports to their export destination countries between 1999 and 2008. Based on a gravity model that controls for other factors likely to determine bilateral trade, the results show that nominal exchange rate volatility has had a significant positive effect on agricultural trade over this period. This positive effect of exchange rate volatility on agricultural exports suggests that agri-food entrepreneurs are not interested in speeding up the process of joining Hungary to the euro zone.
Tipo: Journal Article Palavras-chave: International trade; Gravity model; Exchange rate volatility; International Relations/Trade; Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/102403
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THE EFFECT OF EXCHANGE RATE VOLATILITY ON WHEAT TRADE WORLDWIDE AgEcon
Sun, Changyou; Kim, Mina; Koo, Won W.; Cho, Guedae; Jin, Hyun Joung.
A modified gravity-type model was employed to evaluate the effect of exchange rate volatility on wheat exports worldwide. Special attention was given to the econometric properties of the gravity model within panel framework. Short and long-term measures of exchange rate volatility were constructed and compared. Both measures of exchange rate volatility have exhibited a negative effect on world wheat trade and the long-term effect was even larger. This result implies that exchange rate volatility is an important factor in explaining the trade pattern of wheat trade worldwide. Keywords: wheat, export, exchange rate, volatility, gravity model, and panel data.
Tipo: Conference Paper or Presentation Palavras-chave: Wheat; Export; Exchange rate; Volatility; Gravity model; And panel data.; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/19766
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Structural Reforms and Agricultural Export Performance: An Empirical Analysis AgEcon
Susanto, Dwi; Rosson, C. Parr, III; Costa, Rafael F..
This study empirically investigates the effects of structural reforms on bilateral trade flows of agricultural products. Specifically, the study jointly analyzes the impacts of three different reforms including financial reform, trade reform, and agricultural reform on agricultural trade. The results suggest that less restrictive credit constraints, reduced tariff rates, and less government interventions are likely to generate increase in total agricultural exports. The evidence further indicates that the impacts of the reforms vary considerably across less aggregated products as well as across reform forms. The results provide a solid policy foundation for pursuing structural reforms in order to stimulate trade and economic growth, given the fact that the...
Tipo: Presentation Palavras-chave: Agricultural reform; Agricultural sector; Financial reform; Gravity model; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/119657
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THE INSTITUTIONAL DETERMINANTS OF BILATERAL AGRICULTURAL AND FOOD TRADE AgEcon
Bojnec, Stefan; Ferto, Imre.
The paper investigates the effects of the institutional determinants on trade in agricultural and food products among the OECD countries using a gravity model approach. We focus on the impact of the quality of governance and the similarity of institutions in explaining variation in bilateral agricultural and food trade patterns. Results confirmed the separate effects for the institutional similarity and the institutional quality on trade patterns. The institutional similarity has positive and significant impact on trade in a similar institutional framework for agricultural, but less for food products. The institutional quality has significant positive impact on trade in both agricultural and food products for importing countries.
Tipo: Journal Article Palavras-chave: Institutions; International trade; Gravity model; Agribusiness; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/53543
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Empirical Analysis on the Impacts on Chinese Agro-products Export Caused by Technical Barrier to Trade on Chinese Agro-products Export AgEcon
Zhao, Qi.
In view of the impacts on Chinese agro-products export caused by various technical barriers to trade, the academic circles analyzed it from the costs and quantity of exported agro-products. On the basis of the status quo of Chinese agro-products, the gravity model is introduced to analyze the impacts on Chinese agro-product export caused by technical barriers to trade. The results show that as long as the quality of Chinese agro-products can achieve the standard set by developed countries, for one thing, the health of Chinese consumers can be ensured, for another thing, the export of Chinese agro-products will be more smooth, which can provide reference for our government making decisions and solving trade dispute.
Tipo: Journal Article Palavras-chave: Technical barrier to trade; Gravity model; Agro-products; Export; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/113433
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Informal barriers and agricultural trade: Does the integration matter? AgEcon
Huchet-Bourdon, Marilyne; Cheptea, Angela.
EU enlargement revives the debate around the participation to the EMU. We use a gravity model to see whether informal barriers have changed over a ten-year period covering the creation of the EMU, and whether their impact on European member countries’ agricultural and food trade has been modified. We find that it has led to lower information costs. We observe a diminishing marginal trade impact of both information and institutional barriers: the lower the level of these barriers, the lower the magnitude of their impact on trade. But this finding can not be directly attributed to the introduction to the Euro.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural trade; Informal barriers; Monetary union; Gravity model; Agricultural and Food Policy; F15; F33; Q17.
Ano: 2009 URL: http://purl.umn.edu/115427
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Impact of Trade blocs on Agricultural Trade and Policy Implications for China: Gravity Model Study AgEcon
Sun, Lin.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural trade; Gravity model; Trade blocs; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/50901
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Impact of information and communication technology (ICT) on international trade in fruit and vegetables: A gravity model approach AgEcon
Thiemann, Franziska; Fleming, Euan M.; Mueller, Rolf A.E..
Globalization results when markets become more integrated because of reduced transaction and transport costs. These costs have fallen because of sustained advances in transport technology and, more dramatically, in digital information and communication technology (ICT). Although communication costs tend to be a minor component of total trading costs, reductions in these costs may strongly stimulate international trade. The empirical evidence in support of this effect is, however, scant and its strength may depend on the composition of ICT and the nature of the product being traded. We test the hypothesis of an ICT effect on trade in bananas, oranges, tomatoes, and vegetables and fruit in general. We employ a gravity model of international trade between...
Tipo: Presentation Palavras-chave: Gravity model; Information and communication technology (ICT); International trade; Fruit and vegetables; International Relations/Trade.
Ano: 2012 URL: http://purl.umn.edu/123840
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Does the Gravity Model Suffer from Selection Bias? AgEcon
Haq, Zahoor Ul; Meilke, Karl D.; Cranfield, John A.L..
When analyzing bilateral trade flow data, zero trade flows are quite common and problematic when a gravity equation is estimated with a log-linear functional form. This has caused many researchers to either ignore the zero trade flows or to replace zero with a small positive number. Both of these actions bias the resulting parameter estimates of the gravity equation. In this study we correct for this misspecification by using the Heckman selection model to estimate the bilateral trade flows for 46 agrifood products, for the period 1990 to 2000, for 52 countries. In our sample, selection bias rarely affects the signs of variables but often has a substantial effect on the magnitude, statistical significance and economic interpretation of the marginal...
Tipo: Working or Discussion Paper Palavras-chave: Gravity model; Selection bias; Agrifood Trade; Heckman Selection Model; Marginal effects; Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/90884
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THE GATT/WTO HAS PROMOTED TRADE, BUT ONLY IN CAPITAL-INTENSIVE COMMODITIES! AgEcon
Engelbrecht, Hans-Jurgen; Pearce, Christopher.
This paper contributes to the recent empirical debate about the effectiveness of the GATT and the WTO in promoting trade. We use gravity models to explore the impact of the GATT/WTO on bilateral trade in a sample of 46 countries over the period 1965-1997. Our data enable us to disaggregate trade by broad commodity aggregates. The results for total trade are similar to those reported by Rose (2004). However, the disaggregated estimates reveal that the GATT/WTO has had a positive and statistically significant impact on trade in capital-intensive commodities, but that it has had no statistically significant impact on trade in other commodities. The paper demonstrates that simple modifications of Rose's approach lead to results that are much more 'common...
Tipo: Working or Discussion Paper Palavras-chave: GATT/WTO; Gravity model; Bilateral trade; Commodity aggregates; Capital-intensive commodities.; International Relations/Trade; F10; F15.
Ano: 2004 URL: http://purl.umn.edu/23707
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NOMINAL EXCHANGE RATE MISALIGNMENT: IS IT PARTICULARLY IMPORTANT TO AGRICULTURAL TRADE? AgEcon
Cho, Guedae; Kim, MinKyoung; Sun, Edwin; Jin, Hyun Joung; Koo, Won W..
This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing power parity. In order to explore this issue, a bilateral trade matrix involving trade flows between 10 developed countries is constructed. Using panel data analysis, a gravity model is estimated for 4 industry sectors over the period 1974-1999. The study finds that over-valuation (under-valuation) of the nominal exchange rate negatively (positively) affects export performance of the agricultural sector in particular. In the large-scale manufacturing sectors...
Tipo: Working or Discussion Paper Palavras-chave: Exchange rate misalignment; Agricultural trade; Gravity model; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/23569
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Evolution of olive oil import demand structures in nonproducing countries: the cases of Germany and the UK AgEcon
Kavallari, Aikaterini; Maas, Sarah; Schmitz, P. Michael.
Consumption patterns of olive oil have changed over recent years influencing the supply chain. The consumption has increased in countries where olive oil is not part of the traditional diet as for example Germany and the UK, where the average consumption grew by 11 and 13% respectively during the period 1995-2003. The opening of new non-traditional markets has shifted exports and re-structured the supply chain. Mediterranean countries have been the traditional suppliers of olive oil with the EU Mediterranean Member States being the main exporters and with the non-EU Mediterranean countries trying to gain market shares in the EU markets in an attempt to benefit from the preferential access due to the Barcelona Agreement. This paper tries to identify which...
Tipo: Conference Paper or Presentation Palavras-chave: Olive oil; Gravity model; Import demand; Germany; UK; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/58073
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