GRAVITY MODEL OF EU'S BILATERAL TRADE WITH DIFFERENT PRODUCTS

The basic gravity model of the bilateral trade supposes that the rich and geographically closely situated countries trade more. We have used the enlarged gravity models to explore the effect of other factors on the EU's bilateral trade. The aim of the article is to analyse the bilateral trade of the EU member states with third countries, and identify the factors which affect the trade with different products during the term 2004- 2008. The impact of the common border, language, colonial history, and variety of trade agreements on the trade with commodities 02 - dairy products, birds' eggs, honey and 04 - meat and edible meat offal is studied in the article.


Other Titles:
GRAVITACNY MODEL BILATERALNEHO OBCHODU EU S ROZNYMI TOVARMI
Issue Date:
2011
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/268749
ISSN:
1336-9261
Language:
English
Published in:
Acta Oeconomica et Informatica, Volume 14, Number 2
Page range:
33-37




 Record created 2018-02-26, last modified 2018-04-02

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