The Estimation of Gravity Models in International Trade

Baltagi, Badi H.; Egger, Peter; Erhardt, Katharina

doi:10.1007/978-3-319-60783-2_11

Cited by 13 publications

(11 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The model used below is based on New Trade Theory, which involves Comparative Advantage determinants including total economic size of the country, similarities in economic size, and differences in relative endowment factors (Baltagi et al, 2017;Balazsi et al, 2018;Gil-Pareja et al, 2018;Baltagi et al, 2003).…”

Section: Methodsmentioning

confidence: 99%

Did Inter-Regional Trade Agreements Bring Mutual Benefits? An Empirical Scheme of Indonesian Commodity Exports in Asean-China Free Trade Area

Nurwulandari¹,

Adnyana²,

Hasanudin³

2019

IJFR

View full text Add to dashboard Cite

The purpose of the study was to determine the effect of ASEAN-China Free Trade Area (ACFTA) on Indonesia's leading export commodities to China, Hong Kong and ASEAN countries. The methodology used is the model used below is based on New Trade Theory, which involves Comparative Advantage determinants including the total size of the country's economy, similarities in economic size, and differences in relative endowment factors. From the intended purpose, the results of this study are that commodities experiencing the largest growth in exports to all countries in 2010 were commodities with codes: 15, 87, 29 and 40. Meanwhile, commodities with code: 87: Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, and 27: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes, were export commodities whose growth was relatively stable, while commodities with code 26: ores, slag and ash, actually declined, and the potential for Indonesian trade cooperation with ASEAN-4 is still wide open. This was marked by an increase in Indonesia's exports to ASEAN-4 in 2010.

show abstract

Section: Methodsmentioning

confidence: 99%

Did Inter-Regional Trade Agreements Bring Mutual Benefits? An Empirical Scheme of Indonesian Commodity Exports in Asean-China Free Trade Area

Nurwulandari¹,

Adnyana²,

Hasanudin³

2019

IJFR

View full text Add to dashboard Cite

show abstract

“…There are several studies in which the concept of the center of gravity is used to analyze various processes. For example, there are studies concerning the analysis of China's international economic policy of One Belt One Road (OBOR) and the global economic center of gravity [35], the analysis of the financial markets and the political center of gravity [36], the estimation of "gravity" models in international trade [37], the use of gravity models to explain trade-based money laundering worldwide in a plausible manner [38,39] and the analysis of the shifting locations of the centers of gravity of four basic global indicators (the gross domestic product, carbon dioxide emissions, population and urban population) to explain the model of economic growth and its sustainability with increasing challenges related to globalization [40]. It is interesting to use the concept of the center of gravity for the analysis of air pollution and carbon dioxide emissions from fossil fuel consumption, in particular the evolution of air pollution in the Yangtze River Delta of China [41], the spatial data analysis of prefecture-scale pollutant and CO 2 emissions in China [42], the analysis of global energy-related CO 2 emissions [43] and the study of seasonal changes in fossil fuel CO 2 emissions for the United States through employing the Vulcan version 3.0 high-resolution emission data [32].…”

Section: Mathematical Model Based On the "Center Of Gravity"mentioning

confidence: 99%

Spatial analysis of COVID-19 spread in Europe using "center of gravity" concept

Yavorska¹,

Bun²

2022

Math. Model. Comput.

View full text Add to dashboard Cite

The COVID-19 global pandemic has affected all countries and become a real challenge for humanity. Scientists are intensively studying the specifics of the disease caused by this virus and the impact of restrictive measures on the economy, environment and other aspects of life. We present an approach to spatial modeling and analysis of the COVID-19 spreading process using the concept of the "center of gravity". Based on weekly data on this disease in all European countries, the trajectories of the center of gravity of new cases and deaths during the pandemic have been calculated. These two trajectories reflect the dominant role of certain countries or regions of Europe during different stages of the pandemic. It is shown that the amplitude of the trajectory of the center of gravity in the longitudinal direction was quite high (about 1,500 km) in comparison with the amplitude of the trajectory in the latitudinal direction (500 km). Using an approximation of the weekly data, the delays between the peaks of new cases and mortality for different countries were calculated, as well as the delays in comparison with the countries that first reached the peaks of morbidity and mortality. The trajectories of the center of gravity are also calculated for the regions of Ukraine as an example of analysis at the national scale. These results provide an opportunity to understand the spatial specifics of the spread of COVID-19 on the European continent and the roles of separate countries in these complex processes.

show abstract

“…Given the availability of data on repeated cross sections of country pairs over time, panel data methods emerged as the main solution to the endogeneity of EIAs (see Baltagi et al. ). Initially, empirical models considered that the source of selection bias was time invariant.…”

Section: Empirical Motivationmentioning

confidence: 99%

Do economic integration agreements affect trade predictability? A group effect analysis

Figueirêdo

Lima

2020

Canadian J of Economics

View full text Add to dashboard Cite

Recent theoretical findings in the trade literature suggest that economic integration agreements (EIAs) not only increase the level of trade but also make it more stable and predictable. This paper proposes a Hausman–Taylor quantile regression approach to identify the causal effect of EIA membership on trade predictability. The proposed methodology accounts for group effects in the gravity equation and is computationally efficient. Our results corroborate the theoretical findings that EIAs make trade more stable and predictable and this conclusion is even stronger for deeper EIAs.

show abstract

The Estimation of Gravity Models in International Trade

Cited by 13 publications

References 6 publications

Did Inter-Regional Trade Agreements Bring Mutual Benefits? An Empirical Scheme of Indonesian Commodity Exports in Asean-China Free Trade Area

Did Inter-Regional Trade Agreements Bring Mutual Benefits? An Empirical Scheme of Indonesian Commodity Exports in Asean-China Free Trade Area

Spatial analysis of COVID-19 spread in Europe using "center of gravity" concept

Do economic integration agreements affect trade predictability? A group effect analysis

Contact Info

Product

Resources

About