Trade with BRICS: Effect of transportation costs

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Trade with BRICS: Effect of transportation costs

Popis výsledku v původním jazyce

This paper reports on panel gravity estimates of aggregate bilateral trade flows between the EU member countries and BRICS over the period 1995-2013 with special focus on variables representing transport costs. Standard gravity model uses standard measure for distance as proxy for transport costs. This paper provides modifications of distance employing new possible variables as proxy to transport costs, such as real distance and average port distance between selected countries and compares it to traditional approach of Great Circle Distance method as well as to other alternative methods. The gravity model brought interesting contradictory results in the sense of distance. It validates classic distance approach employing real values and categorical variables. Transport costs expressed by oil price reached expected values as well. The effect of real distance and average port distance was found insignificant and trade costs show positive effect.

Název v anglickém jazyce

Trade with BRICS: Effect of transportation costs

Popis výsledku anglicky

This paper reports on panel gravity estimates of aggregate bilateral trade flows between the EU member countries and BRICS over the period 1995-2013 with special focus on variables representing transport costs. Standard gravity model uses standard measure for distance as proxy for transport costs. This paper provides modifications of distance employing new possible variables as proxy to transport costs, such as real distance and average port distance between selected countries and compares it to traditional approach of Great Circle Distance method as well as to other alternative methods. The gravity model brought interesting contradictory results in the sense of distance. It validates classic distance approach employing real values and categorical variables. Transport costs expressed by oil price reached expected values as well. The effect of real distance and average port distance was found insignificant and trade costs show positive effect.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 3rd International Conference on European Integration 2016 : ICEI 2016 : [Part 1-2] : May 19-20, 2016, Ostrava, Czech Republic

ISBN

978-80-248-3911-0

ISSN

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e-ISSN

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Počet stran výsledku

12

Strana od-do

1030-1042

Název nakladatele

VŠB - Technická univerzita Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

19. 5. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000387986300116