In a context characterized by a remarkable consolidation of Morocco's efforts to effectively integrate the globalization process, represented mainly by the signing of free trade agreements and the orientation towards intra-regional trade with the African continent, this work aims at analyzing the trade flows of Morocco and its two main trading partners; those of the African continent and those with which it has signed free trade agreements, over the period 2000-2018. For this purpose, we use an augmented gravity model to estimate trade between Morocco and these two groups of partner countries, and then simulate and calculate the trade potential between Morocco and these countries. The results we generated demonstrate the existence of a trade potential not yet exploited by Morocco in the two cases studied. The effective exploitation of the latter would allow the Kingdom to boost its trade.
See Full PDF See Full PDF
Download Free PDF View PDF
Open Journal of Social Sciences
Download Free PDF View PDF
The paper attempts to examine IRAN’s trade potential with her 161 trading partners in 2011 by using an econometric gravity model and examine the gaps between potential and actual trade among member countries .The estimates reveal that among various variable, both the traditional variables (GDP per capita and distance) are found to be significant. Furthermore population, EU and EAEC countries dummy variables has a statistically significant impact on Iran’s bilateral trade flows. According to our estimation, Iran possess sufficient potential (on average) to expand its trade with 94 country. The maximum trade potential exists with Uruguay, Peru, Bosnia and El Salvador. Furthermore, Iran has approached the maximum trade levels with 67country such as Turkey, Venezuela ,Turkmenistan, Yugoslavia ,Congo and trade is upper than its potential; in other words, the potential is already exhausted. © 2013 Published by RRAMT France Ltd. Keywords: International, Trade Potential, Augmented Gravity Model, Foreign Trade;
Download Free PDF View PDF
Journal of applied …
Download Free PDF View PDF
This paper investigates the determinants of intra-CARICOM bilateral trade and the CARICOM member's trade with the North American and European countries using the gravity model. Seventeen annual cross-sections are estimated for the period 1980 through 1996. Overall, the empirical results indicate that the gravity model has considerable potential to explain intra-CARICOM bilateral trade as well as trade between CARICOM members and non-members. The evidence suggests that both the importer's GDP per capita and the exporter's GDP per capita exert strong positive effects on CARICOM trade levels. Since these effects are found to be statistically the same, we conclude that the gravity model is symmetric with respect to GDP per capita. Further, sharing a common language, colonial ties, or membership in the CARICOM all significantly contribute to larger volumes of bilateral trade, while geographic distance has the opposite effect. Both the exporting and the importing countries'.
Download Free PDF View PDF
International Business & Economics …
Download Free PDF View PDF
Ethiopia has poor performance in the global trading system. To draw implications for improvement, this article intends to estimate the country's trade potential with major trading partners. A dynamic gravity approach based on a panel dataset was estimated by system generalised method of moments estimators to first analyse the pattern of trade flows. The coefficients obtained are then used to predict the basic trade and export trade potentials of Ethiopia. The findings revealed that the dynamic gravity model fits the data well indicating the presence of hysteresis in trade. We also found that the traditional gravity variables are all significant. However, Ethiopia's trade potential has yet remained unrealised. The highest magnitude of trade potential was found with Asian, European and African countries. Hence, Ethiopia's unused trade potential can be exploited through export diversification, improvement of infrastructure and bilateral trade negotiations.
Download Free PDF View PDF
Downloadable! This study analyzes the trade flows of the Gulf Cooperation Council (GCC) both among its member countries and with the rest of the world by employing a panel data gravity model in the context of the single country approach in order to capture the impacts of observable .
Download Free PDF View PDF
SSRN Electronic Journal
Download Free PDF View PDF
The theoretical justification of the gravity model in the analysis of bilateral trade was applied in the generalized gravity model to analyze the African's trade with China and its major trading partners using the panel data estimation technique. Estimate of the gravity model of trade (sum of exports and imports), the export and import gravity model. Data for the period 1980-2015. The empirical results show that African's trade is positively determined by the size of the economies, GDP, per capita GDP, FDI, a differential of the countries involved and openness of the trading countries. The major impacts of African's exports are the exchange rate, partner countries' total import demand and openness of the Africa economy. All three factors affect the African's exports were found positive. The exchange rate, on the other hand, indicated no effect on the African's import; rather than the imports were affected by inflation rates, per capita income differentials and openness of the countries involved in the trade. Transportation cost is found a significant factor in influencing African's trade negatively. Also, Africans imports are found to be influenced to a great extent by the distance between China and African. The country-specific effects show that African would do better by trading more with its neighboring countries. The indication of trade sector effects matter and that potential product vary considerably in their sensitivity to distance and country factors which have prominent revealed comparative advantage. African should diversify its exports and improve its trade diplomacy.
Download Free PDF View PDF
