the gravity model in international trade

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The Gravity Model In International Trade

Author : Peter A. G. van Bergeijk
ISBN : 9781139488280
Genre : Business & Economics
File Size : 79. 81 MB
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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.

Trade And Diplomacy

Author : Peter A. G. van Bergeijk
ISBN : OCLC:53732168
Genre :
File Size : 53. 56 MB
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The Gravity Model Of International Trade

Author : Donneil Cain
ISBN : OCLC:1065396745
Genre :
File Size : 65. 72 MB
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The Gravity Model Of International Trade With Government Procurement

Author : Yolanda Lannquist
ISBN : OCLC:913080079
Genre :
File Size : 61. 30 MB
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Handbook On International Trade Policy

Author : William Alexander Kerr
ISBN : 1847205461
Genre : Political Science
File Size : 49. 41 MB
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'This book obtains its broad expertise by pulling together expertise from a wide range of experts in the way that each chapter is written by authors specialized in the topic addressed. . . This Handbook on international trade policy is a good summary of theories, policy instruments and their effects and is written in an understandable manner. Most parts are suited for students and those who want to start understanding international trade policy. It is also useful for researchers, policy-makers and practitioners looking for quick guidance on different topics in international trade policy. The clear structure of the book organized by topics allows for a quick and easy reference.' – Martin Grass, Quarterly Journal of International Agriculture The Handbook on International Trade Policy is an insightful and comprehensive reference tool focusing on trade policy issues in the era of globalization. Each specially commissioned chapter deals with important international trade issues, discusses the current literature on the subject, and explores major controversies. The Handbook also directs the interested reader to further sources of information. The expert contributors cover both traditional and more current concerns including: • history of thought on trade policy • the development of multilateral organizations such as the World Trade Organization • border restrictions and subsidies • regional trade agreements • trade and the environment • animal, plant and food safety measures • international protection of intellectual property and sanctions. Presenting a broad and state-of-the-art perspective on the topic, this highly accessible Handbook will prove an invaluable resource to researchers, academics, policymakers and practitioners concerned with international trade policy.

Spatial Gravity Models For International Trade

Author : Rodolfo Metulini
ISBN : OCLC:962851533
Genre :
File Size : 71. 44 MB
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The Gravity Model is the workhorse for empirical studies in International Economies and it is commonly used in explaining the trade flow between countries. Recently, several studies have showed the importance of taking into account the spatial effect. Spatial Econometric techniques meet this matter, proposing the specification of a set of models and estimators. We will make use of these Spatial Econometric techniques in order to estimate a Spatial Gravity of Trade for a 22-year-long panel of the OECD countries. The aim, therefore, is twofold: on one hand, we are going to use the newest Spatial Econometric techniques in a field where they aren't widely applicated. On the other hand, we provide an updated interpretation of the behaviour of the International Trade in an OECD context, taking into account potential spatial spillover effect due to the third country dependence, and the effects of the migratory phenomenon.

The Princeton Encyclopedia Of The World Economy Two Volume Set

Author : Kenneth A. Reinert
ISBN : 069112812X
Genre : Business & Economics
File Size : 75. 16 MB
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Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. Features: More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel

Economic Diplomacy And The Geography Of International Trade

Author : Peter A. G. van Bergeijk
ISBN : 9781781007778
Genre : Business & Economics
File Size : 86. 28 MB
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The book presents an overview of the general aspects of trade uncertainty, a central element in the analysis of economic diplomacy, illustrating that some instruments, such as sanctions (both positive and negative), increase trade uncertainty, whilst others - multilateral trade policy, for instance - aim to reduce this uncertainty. Commercial policy and bilateral economic diplomacy are explored, and economic sanctions analysed. An extensive review of the literature and empirical investigations of 161 sanctions and the commercial relationships of 37 countries provide topical and empirical perspectives on how international diplomacy may both be a cost and a benefit of the key drivers of productivity growth. Finally, policy conclusions are drawn, and a future research agenda presented.

International Migration And Economic Integration

Author : Roger White
ISBN : 9780857930675
Genre : Social Science
File Size : 90. 72 MB
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This essential volume examines the influence of immigrants on the process of international economic integration specifically, their influences on bilateral and multilateral trade flows. It extends beyond the identification and explanation of the immigrant trade link and offers a more expansive treatment of the subject matter, making it the most comprehensive volume of its kind. The authors present abundant evidence that supports the notion that immigrants exert positive influences on trade between their home and host countries and demonstrate that while the immigrant trade link may not be universal, the operability of the link depends on the conditions with which immigrants the world over are met. Applying the augmented gravity model to data on trade and migration, International Migration and Economic Integration provides answers to the following questions: Do immigrants exert positive influences on trade between their respective host and home countries? Are the effects of immigrants on trade homogenous across different immigrant entry classifications? Do the influences of immigrants on trade in goods extend to trade in services? Are these influences homogenous across product types and industry/sector classifications? Do differences in relative levels of economic and/or social development for immigrants host and/or home countries affect the existence or the magnitude of the immigrant trade link? Have immigration policies and changes in such policies influenced the immigrant-trade relationship? Do cultural differences between immigrants home and host countries inhibit trade flows and, if so, to what extent do the pro-trade influences of immigrants counter the trade-inhibiting effects of cultural distance? Is there variation in the pro-trade influences of immigrants across migration corridors? Is the influence of immigrants on trade conditional on the volume of trade taking place between their host and home countries? Are the effects of immigrants (emigrants) on trade universal? What factors/conditions correlate with the existence and operability of the immigrant trade relationship? Though ideally suited to advanced undergraduate and graduate students in international trade, international economics, public policy, sociology and international relations and their professors, this engaging work will also be relevant for anyone outside of academia who is interested in public policy, immigration, or international relations.

Regional Trading Blocs In The World Economic System

Author : Jeffrey A. Frankel
ISBN : 0881322024
Genre : Business & Economics
File Size : 65. 41 MB
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he rapid growth of regional trading relationships in Europe, Asia, and Latin America has raised policy concerns about their impact on excluded countries and on the global trading system. Some observers worrythat the multilateral system may be fracturing into discriminatory regional blocs. Others are hopeful that regional agreements will go beyond what was achieved in the Uruguay Round and instead become building blocks for further global liberalization and WTO rules in new areas.Jeffrey Frankel shows through extensive empirical analysis that the new breed of preferential trade arrangements are indeed concentrating trade regionally. He then assesses whether regionalblocs are "natural" or "supernatural"b enhance or reduce global welfare. He concludes that a complete liberalization within blocs, with no reduction in barriers between blocs, would push the trading system into the supernatural zone of an excessive degree of regionalization. More balanced patterns of liberalization, however, give favorable trading arrangements that are already in effect, and the broader continent-sized groupings that are under discussion (the Americas, Europe, and the Asia Pacific).

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