Analysis of International Trade between Latin America and Germany using gravity models
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F17%3A00001312" target="_blank" >RIV/75081431:_____/17:00001312 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31120/17:00051970
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Analysis of International Trade between Latin America and Germany using gravity models
Original language description
The trade theory seeks to identify the variables determining international exchange between countries. In recent years, variables not traditionally considered in traditional models, such as geographic location, the cost of transport, and cultural and institutional factors have emerged as important explanatory variables, and therefore need to be incorporated in the analysis. In order to make new contributions, this paper contains an extended business gravity model with panel data and random effects that combine institutional, economic and cultural changes as one of the determinants of bilateral flows between the country of origin (Germany) and its trade partners (Latin-American region) during the period 1995-2011, through the use of different aggregate indicators, incorporated as explanatory variables in different design specifications. The main objective of this research is to analyze the determinants of trade between Germany and Latin America with an extended/modified model of trade where the economic characteristics of countries are combined with the institutional and policy factors of trade, such as trade agreements. The strong determinants of international trade between Germany and Latin America are free trade agreements, property rights index and corruption index.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Vision 2020: Sustainable Economic development, Innovation Management, and Global Growth, Proceedings of the 30th International Business Information Management Association Conference (IBIMA)
ISBN
9780986041990
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
4043-4050
Publisher name
Internationa Business Information Management Association (IBIMA)
Place of publication
Madrid, Spain
Event location
Madrid, Spain
Event date
Nov 8, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000443640503014