The Gravity Model in International Trade

How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade.

The Gravity Model in International Trade

The Gravity Model in International Trade

How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.

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Directory of Published Proceedings
Language: en
Pages:
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Categories: Humanities
Type: BOOK - Published: 1997 - Publisher:

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Language: en
Pages: 705
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Categories: Business & Economics
Type: BOOK - Published: 2018-04-03 - Publisher: Springer

This proceedings volume presents new methods and applications in applied economic research with an emphasis on advances in panel data analysis. Featuring papers presented at the 2017 International Conference on Applied Economics (ICOAE) held at Coventry University, this volume provides current research on econometric panel data methodologies as they are
International Economics
Language: en
Pages: 193
Authors: David Gowland
Categories: International economic relations
Type: BOOK - Published: 1983 - Publisher: Rowman & Littlefield

Most of the existing textbooks on international economics - a widely taught and ighly popular subject - are long and too detailed and advanced for many students. This book, first published in 1983, and written by a respected leading authority, presents the essentials of the topic in a simple and
The World Economy
Language: en
Pages: 957
Authors: Beth V. Yarbrough, Robert M. Yarbrough
Categories: Commercial policy
Type: BOOK - Published: 2000 - Publisher: South Western Educational Publishing

Depth of theoretical content combined with current events and policy debates makes The World Economy: Trade and Finance, 5/e an excellent choice for a broad range of trade and finance courses with an international economic focus. Yarbrough and Yarbrough discuss countries, trade policies, and economic applications with the inclusion of
Advances in Applied Economic Research
Language: en
Pages: 888
Authors: Nicholas Tsounis, Aspasia Vlachvei
Categories: Business & Economics
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