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Title:Aplikacija modela gravitacije na države G7
Authors:ID Lorenčič, Eva (Author)
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Language:Slovenian
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:V prispevku uporabimo model gravitacije za razumevanje determinant izvoznih tokov iz držav G7 v 161 partnerskih držav. V teoretičnem delu predstavimo teoretično podlago modela in ugotovimo, da je model možno povezati z različnimi teorijami mednarodne menjave. V empiričnem delu z metodo najmanjših kvadratov testiramo deset ekonometričnih modelov. Osnovni model gravitacije, ki zunanjetrgovinske tokove pojasnjuje z BDP dveh držav in zračne razdalje med njunima glavnima mestoma, razširimo z vključitvijo petih opisnih spremenljivk, spremenljivke oddaljenosti in absolutne razlike v BDP na prebivalca, s katero testiramo veljavnost Linderjeve hipoteze nasproti veljavnosti napovedi H-O modela. Rezultati modelov so skladni z obstoječimi empiričnimi študijami in teoretičnimi napovedmi.
Keywords:mednarodna trgovina, izvoz, ekonometrija, modeli
Publication status:Published
Publication date:01.01.2014
Year of publishing:2014
Number of pages:str. 20-29
Numbering:Letn. 60, št. 5/6
PID:20.500.12556/DKUM-85692 New window
UDC:330.43:339.5
ISSN on article:0547-3101
COBISS.SI-ID:11934492 New window
DOI:10.7549/ourecon.2014.5-6.03 New window
Publication date in DKUM:06.09.2023
Views:789
Downloads:0
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Categories:Misc.
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Record is a part of a journal

Title:Naše gospodarstvo : revija za aktualna gospodarska vprašanja
Shortened title:Naše gospod.
Publisher:Ekonomsko-poslovna fakulteta, Društvo ekonomistov Maribor, Ekonomski center Maribor
ISSN:0547-3101
COBISS.SI-ID:751364 New window

Secondary language

Language:English
Title:The application of the gravity model to the G7 countries
Abstract:We apply the gravity model of trade to the G7 countries with the aim of improving our understanding of the determinants of bilateral trade flows between the G7 countries and their trading partners (a sample of 161 countries). The theoretical section of the paper discusses the theoretical underpinnings of the model. The gravity model is grounded in several theories of international trade. In the empirical section, the OLS method is used to test ten econometric models. We expand on the basic gravity model, in which bilateral trade flows are a function of the GDPs of the two trading partners and of the flight distance between their capitals, by including five dummy variables, the remoteness variable, and a variable measuring the absolute difference in GDP per capita. The latter variable is used for testing the Linder hypothesis against the H-O model. The results are consistent with existing empirical studies and theoretical predictions.


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This document is a part of these collections:
  1. Naše gospodarstvo

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