The gravity model for international trade was introduced by Jan Tinbergen in 1962. This model was based on an equation that approximated the theory of gravitation of Newton and therefore it is known as the gravity equation. Basically, the model shows that trade flows between two countries are ...
It highlights the composition of trade, competitive advantage and strategic choice of the SA-Australia trade partnership and explores its full potential, using the newly developed endogenous gravity theory to study SA-Australia trade and its... ABDULLAHI D. AHMED,TRAN VAN HOA - 《Asia Pacific Jour...
Related to theory of gravity:theory of gravitation,theory of evolution ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.theory of gravity- (physics) the theory that any two particles of matter attract one another with a force directly proportional to the product of their mas...
Trade, Gravity and Sudden Stops: On How Commercial Trade Can Increase the Stability of Capital Flows Cavallo, E.A., 2004, Trade, Gravity and Sudden Stops: On How Commercial Trade can increase the stability of capital flows, mimeograph, Harvard ... EA Cavallo - 《Idb Publications》 被引量:...
For example, West German to EU27 trade-FDI linkages closely follow New Trade Theory models predicting export replacement effects of FDI. However, at the same time, outward FDI are found to stimulate trade via reverse good imports. For the West German to EU15 sub-aggregate, we reveal ...
Thus, the widely accepted wisdom that specialization generates the force of gravity is not well grounded on theory.doi:10.11644/KIEP.JEAI.2000.4.4.72Song, E. YoungKorea Institute for International Economic PolicyEast Asian Economic ReviewSong, E. Y. (2000). Intra-industry Trade and the Gravity ...
Both nominal and real trade patterns over the long- and short-term suggest that Vietnam's trade with rich trading partners follows the H-O theory which suggests trade engagements between countries with different factor endowment. From the regional analyses, we find that these trading partners are...
HLF De Groot,PAG Van Bergeijk,M Yakop - 《Hague Journal of Diplomacy》 被引量: 19发表: 2011年 Towards a Theory of Trade Finance Empirical results from gravity regressions are in line with the model, highly significant and economically relevant They suggest that importer finance is as ... T...
He noted that gravity's effects could not be instantaneous, since they would have to travel at infinite velocities, violating his theory of relativity, which states that nothing can travel faster than light. He also showed that gravity and acceleration are related. Imagine, he said, that you ...
We examine whether the gravity equation based on the new trade theory describes trade integration of the EU-25 countries, and whether the results of a gravity model based analysis may be different in the case of the Baltic Sea region (BSR). The gravity models are estimated based on panel ...