The Gravity Model in International Trade: Advances and ApplicationsPeter A. G. van Bergeijk, Steven Brakman Cambridge University Press, 10 juni 2010 - 374 sidor 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. |
Innehåll
| 1 | |
Part I Methodology | 27 |
Part II Distance in the gravity model | 163 |
Part III Specific applications | 253 |
| 355 | |
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The Gravity Model in International Trade: Advances and Applications Peter A. G. van Bergeijk,Steven Brakman Ingen förhandsgranskning - 2014 |
The Gravity Model in International Trade: Advances and Applications Peter A. G. van Bergeijk,Steven Brakman Ingen förhandsgranskning - 2010 |
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A-vW aggregate analysis Anderson approximation approximation errors assume barriers bilateral distance bilateral trade costs bilateral trade flows border effects cent CEPII coefficient estimates column comparative statics country pairs cross-border M&As cultural dataset denotes dummy Economic Geography empirical equilibrium estimation strategy factor FDI flows Feenstra final goods trade firms fixed effects Foreign Direct Investment Garretsen GDP per capita gravity equation gravity model gravity-equation Head and Mayer impact important included increase indices intermediate goods trade internal distance International Economics Journal of Economic Journal of International literature market access market and supplier measures MNEs multilateral resistance terms negative OECD paper parameters physical capital PPML proxy Rauch Redding and Venables regions regression relative Section share specification standard errors supplier access Table theoretical trade cost function trade flows transport costs treaties variables wage equation Wincoop world trade zero