Scorbureanu, Alexandrina Ioana (2007): The competitive advantage in The Middle East. An empirical approach.
This is the latest version of this item.
Download (219Kb) | Preview
This paper explores the determinants of bilateral trade flows among Jordan, Israel and the Palestinian territories during the last 15 years. A gravity model is applied to international trade flows and empirically tested in order to investigate the relationship between the volume and direction of international trade in order to identify competitive advantage areas. Furthermore, the standard gravity model is augmented with additional variables to test whether they are relevant in explaining trade. These variables are infrastructure endowments and per capita incomes. Finally, we analyse to what extent potentials for trade between these two economic areas are important.
|Item Type:||MPRA Paper|
|Original Title:||The competitive advantage in The Middle East. An empirical approach|
|English Title:||The competitive advantage in The Middle East. An empirical approach|
|Keywords:||gravity models, estimation, trade, Middle Asia|
|Subjects:||C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General
F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L91 - Transportation: General
|Depositing User:||Alexandrina Ioana Scorbureanu|
|Date Deposited:||20. Oct 2009 08:37|
|Last Modified:||12. Feb 2013 20:45|
• Inmaculada Martínez-Zarzoso Felicitas Nowak-Lehmann “Augmented gravity model: An empirical application to Mercosur-European Union trade flows”
• Anderson, J. E. (1979) – “A theoretical foundation for the gravity equation”, American Economic Review 69, 106-116.
• Bergstrand, J. H. (1989) – “The generalised gravity equation, monopolistic competition, and the factor-proportions theory in international trade'”, The Review of Economics and Statistics 67,474-481
• Bougheas et al. (1999) – “Infrastructure, transport costs and trade”, Journal of International Economics 47, 169-189.
• Deardorff, A. V. (1995) – “Determinants of bilateral trade: does gravity work in a neoclassic world?”, NBER Working Paper 5377.
• Diao, X. and Somwaru, A., S. (2000) – “An Inquiry on General Equilibrium Effects of MERCOSUR: An Inter-temporal World Model”, Journal of Policy Modelling (22)5 557-588.
• Egger, P. (2000) – “A note on the proper econometric specification of the gravity equation”, Economics Letters 66, 25-31
• Helpman, E. (1987) - “Imperfect competition and international trade: evidence from fourteen industrial countries”, Journal of the Japanese and International Economies 1 (1) 62-81.
• Limao, N. and A. J. Venables, (1999) – “Infrastructure, geographical disadvantage and transport costs”, Policy Research Working Paper 2257, World Bank.
• Oguledo, V.I. and Macphee, C.R. (1994) – “Gravity models: a reformulation and an application to discriminatory trade arrangements”, Applied Economics 26, 107-120.
• Edward Christie – “Potential Trade in Southeast Europe: A Gravity Model Approach”
• Kevin H O’Rourke (2003) - “Heckscher-Ohlin Theory and individual attitudes toward globalization”, Institute for International Economic Studies, CEPR, Discussion Paper No. 4018.
Available Versions of this Item
The competitive advantage in The Middle East. An empirical approach. (deposited UNSPECIFIED)
- The competitive advantage in The Middle East. An empirical approach. (deposited 20. Oct 2009 08:37) [Currently Displayed]