Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches

This paper reviews recent developments in the econometric methodology of gravity models and suggests an extension to the so-called Triple-Indexed Gravity model, which accounts for the fact that contemporaneous trade flows are likely to be strongly related to previous ones. All of the various models...

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Main Authors: Harris, Mark, Matyas, L.
Format: Journal Article
Published: 2001
Online Access:http://hdl.handle.net/20.500.11937/81824
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author Harris, Mark
Matyas, L.
author_facet Harris, Mark
Matyas, L.
author_sort Harris, Mark
building Curtin Institutional Repository
collection Online Access
description This paper reviews recent developments in the econometric methodology of gravity models and suggests an extension to the so-called Triple-Indexed Gravity model, which accounts for the fact that contemporaneous trade flows are likely to be strongly related to previous ones. All of the various models and methods are then illustrated with an application to export flows in the Asia Pacific Economic Co-operation region. Important explanatory variables were found to be domestic and target country Gross Domestic Product, domestic and foreign population, the real exchange rate, foreign currency reserves and the distance between the importing and exporting countries.
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T11:19:14Z
publishDate 2001
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spelling curtin-20.500.11937-818242021-03-16T03:20:28Z Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches Harris, Mark Matyas, L. This paper reviews recent developments in the econometric methodology of gravity models and suggests an extension to the so-called Triple-Indexed Gravity model, which accounts for the fact that contemporaneous trade flows are likely to be strongly related to previous ones. All of the various models and methods are then illustrated with an application to export flows in the Asia Pacific Economic Co-operation region. Important explanatory variables were found to be domestic and target country Gross Domestic Product, domestic and foreign population, the real exchange rate, foreign currency reserves and the distance between the importing and exporting countries. 2001 Journal Article http://hdl.handle.net/20.500.11937/81824 restricted
spellingShingle Harris, Mark
Matyas, L.
Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title_full Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title_fullStr Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title_full_unstemmed Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title_short Modelling Export Flows in the APEC Case: Static and Dynamic Gravity Model Approaches
title_sort modelling export flows in the apec case: static and dynamic gravity model approaches
url http://hdl.handle.net/20.500.11937/81824