Modelling Export Flows in the APEC Region: Static and Dynamic Gravity Model Approaches

TitleModelling Export Flows in the APEC Region: Static and Dynamic Gravity Model Approaches
Publication TypeJournal Article
AuthorsHarris, M. N., and L. Mátyás
Journal titleAsia Pacific Journal of Economics and Business
Year2001
Pages97 - 118
Volume5
Issue1
Abstract

This paper reviews recent developments in the econometric methodology of gravity models and suggests an extension to the so-called Triple-Indexed Gravity model, which accounts for the fact that contemporaneous trade flows are likely to be strongly related to previous ones. All of the various models and methods are then illustrated with an application to export flows in the Asia Pacific Economic Co-operation region. Important explanatory variables were found to be domestic and target country Gross Domestic Product, domestic and foreign population, the real exchange rate, foreign currency reserves and the distance between the importing and exporting countries.

Languageeng
Notes

June; Modelling Export Flows in the APEC Region: Static and Dynamic Gravity Model Approaches; Journal Article; 2001

Publisher link[URL:http://www.cbs.curtin.edu.au/index.cfm?objectId=507F057D-D0CA-3156-D33346CCE241C4F7] Publisher's URL