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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

  • DOI - Digital Object Identifier

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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • 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

  • e-ISSN

  • 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