Analysis of International Trade between Latin America and Germany using gravity models

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/61384399:31120/17:00051970

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of International Trade between Latin America and Germany using gravity models

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Analysis of International Trade between Latin America and Germany using gravity models

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

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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Počet stran výsledku

8

Strana od-do

4043-4050

Název nakladatele

Internationa Business Information Management Association (IBIMA)

Místo vydání

Madrid, Spain

Místo konání akce

Madrid, Spain

Datum konání akce

8. 11. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000443640503014