Application of gravity models with a fixed component in the international trade flows of coal, iron ore and crude oil

2017 ◽  
Vol 19 (2) ◽  
pp. 334-351 ◽  
Author(s):  
Sahar Babri ◽  
Kurt Jørnsten ◽  
Michael Viertel
Keyword(s):  
International Trade ◽  
Crude Oil ◽  
Iron Ore ◽  
Trade Flows ◽  
Gravity Models

Gravity Models in International Trade: An Exploration in Econo-Physics

2021 ◽  
pp. 227797872198992
Author(s):  
Iman Pal ◽  
Saibal Kar
Keyword(s):  
Pattern Recognition ◽  
International Trade ◽  
Present Article ◽  
Gravity Models ◽  
Scientific Applications ◽  
Physical Sciences ◽  
Trade Patterns ◽  
Pattern Recognition Techniques ◽  
The Subject ◽  
Jel Classifications

Several strands of the static and dynamic theoretical constructs and the empirical applications in the subject of economics owe substantially to the well-known principles of physical sciences. The present article explores as to how the development of the popular gravity models in international trade can be traced back to Newton’s law of gravitation, and to both Ohm’s Law and Kirchhoff’s Law of current electricity, as well as to the pattern recognition techniques commonly deployed in scientific applications. In addition to surveying these theoretical analogies, the article also offers numerical applications for observed trade patterns between India and a set of countries. JEL Classifications: F41, F42, C61, F47

Footprint of Export-Related GHG Emissions from Latin America and the Caribbean

2021 ◽  
Author(s):  
Kun Li
Keyword(s):  
Latin America ◽  
International Trade ◽  
Technological Progress ◽  
Ghg Emissions ◽  
Trade Flows ◽  
Total Export ◽  
The Caribbean ◽  
Trade Partners ◽  
Composition Of Trade

To quantify the growth in GHG emissions related to international trade, we build an extensive database for export-related production and transportation GHG emissions covering 189 countries and 10 sectors from 1990 to 2014. We employ this database to quantify the contribution of production and international transportation to total export-related GHG emissions from Latin America and the Caribbean and decompose growth in these to contributions of the increase in the regions trade flows, shifts in the composition of trade partners, changes in the traded product basket, and technological progress.

scholarly journals Openness of the economy as a determinant of economic growth: The panel analysis of the Western Balkans region countries

2020 ◽  
Vol 22 (2) ◽  
pp. 1-14
Author(s):  
Filip Bugarčić ◽  
Petar Veselinović
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Applied Research ◽  
Positive Impact ◽  
Trade Flows ◽  
Panel Regression ◽  
Panel Analysis ◽  
Western Balkans ◽  
Economic Growth And Development ◽  
Positive Effect

The openness of the economy and its intensive involvement in international trade and economic flows has an important role in stimulating economic growth and development of a national economy. The aim of the research is to determine the degree of impact and effects of exports, imports and foreign direct investment (FDI) on economic growth. The applied research methodology is a panel regression analysis on the example of six countries in the Western Balkans region in the period from 2000 to 2018. Three hypotheses were tested in this paper. H1: Exports have a positive effect on economic growth; H2: Imports contribute to GDP growth; H3: FDI has a positive impact on economic growth. The results show that all three variables have a positive, statistically significant impact on GDP. The greatest effect on economic growth in the analyzed sample has exports, which implies the conclusion of the inevitability of more intensive participation of these economies in international trade flows.

scholarly journals Modeling International Trade Flows between CEEC and OECD Countries

2008 ◽  
Author(s):  
Christophe Rault ◽  
Robert Sova ◽  
Anamaria Sova
Keyword(s):  
International Trade ◽  
Oecd Countries ◽  
Trade Flows

scholarly journals Logística e comércio internacional da fruticultura no estado de Minas Gerais - Brasil

2019 ◽  
pp. 28-53
Author(s):  
Igor Martins Oliveira ◽  
Luiz Andrei Gonçalves Pereira
Keyword(s):  
International Trade ◽  
World Economy ◽  
International Markets ◽  
Minas Gerais ◽  
Trade Flows ◽  
The Road ◽  
Goods And Services ◽  
The World ◽  
Import And Export ◽  
Transport Logistics

Na era globalização, a economia mundial tem vivenciado um processo de reestruturação produtiva, intensificando os fluxos nos territórios inerentes às interações espaciais de recursos, de bens e de serviços que circulam entre os mercados nacionais e internacionais. O objetivo deste trabalho é analisar as dinâmicas socioespaciais dos fluxos de comércio internacional do estado de Minas Gerais por meio da logística das redes de importações e de exportações de frutas, no período de 2000 a 2017. Como resultado, identificou-se que, no mercado externo de frutas, Minas Gerais se relaciona comercialmente com 88 países, sendo 52 nas redes de exportação e 36 na rede de importação. Na operacionalização dos fluxos no comércio global, a logística de transportes foi realizada através dos modais rodoviário, marítimo e aéreo, configurando-se como um elemento geográfico, visto que as transações comerciais demandam o gerenciamento da fluidez, do planejamento e da organização dos diferentes territórios.PALAVRAS-CHAVE: Logística, Comércio Internacional, Fruticultura. ABSTRACTIn the era of globalization, the world economy has undergone a process of productive restructuring, intensifying flows in the territories inherent to the spatial interactions of resources, goods and services that circulate between national and international markets. The objective of this work is to analyze the sociospatial dynamics of the international trade flows of the state of Minas Gerais through the logistics of import and export fruit networks, from 2000 to 2017. As a result, it was identified that in the market Minas Gerais has a commercial relationship with 88 countries, 52 in export networks and 36 in the import network. In the operationalization of flows in global trade, transport logistics was carried out through the road, sea and air modalities, being configured as a geographic element, since commercial transactions demand the management of the fluidity, planning and organization of the different territories.KEYWORDS: Logistic, International Trade, Fruticulture.

Gravity Models of China's Bamboo and Rattan Products Exports: Applications to Trade Potential Analysis

2019 ◽  
Vol 69 (4) ◽  
pp. 337-344
Author(s):  
Li Huang ◽  
Ke Chen ◽  
Mi Zhou ◽  
Brendan Nuse
Keyword(s):  
Bilateral Trade ◽  
Negative Impact ◽  
Positive Impact ◽  
Trade Flows ◽  
Gravity Models ◽  
Asia Pacific ◽  
Trading Partners ◽  
Significant Negative Impact ◽  
Trade Potential ◽  
Economic Size

Abstract Using export panel data for China and 24 bamboo and rattan trading partners from 2007 to 2017, this study simulates the export trade of Chinese bamboo and rattan products using a gravity model. Our results showed that economic size has a significant positive impact on the bilateral trade of bamboo and rattan products, while absolute distance between two major economic centers and population size have a significant negative impact. Furthermore, relevant Asia-Pacific Economic Cooperation (APEC) trade arrangements have an impact on bamboo and rattan product trade flows from China. Meanwhile, trade of bamboo and rattan between China and APEC countries such as South Korea, Canada, Russia, and Thailand shows much room for growth.

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