Modelling international trade flows between Ceec and OECD countries

Bibliographic Data

ID19034840
AuthorsChristophe Rault (0000-0002-1658-3912, Université d'Orléans, LEO, LEO, CNRS, UMR 6221, Rue de Blois-B.P.6739, 45067, Orléans Cedex 2, France, IZA, Germany, and William Davidson Institute at the University of Michigan, corresponding author), Robert Sova (0009-0003-1424-4372, CES , Sorbonne University - Paris I, 106-112 bd. de L'Hôpital, 75647 Paris Cedex 13, France), Ana Maria Sova (CES , Sorbonne University - Paris I, 106-112 bd. de L'Hôpital, 75647 Paris Cedex 13, France)
Year2008
Volume16
Issue15
Pages1547-1554
Publication date2008-05-12
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueApplied Economics Letters (JOURNAL)
Journal identifiersISSN: 1350-4851 • E-ISSN: 1466-4291
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/13504850701564330
OpenAlexW2094682802
LanguageEN
Citations received2
References cited21

This article deals with econometric developments for the estimation of gravity model, which allow to get convergent parameter estimates even when a correlation exists between the explanatory variables and the specific unobservable characteristics of each individual. We implement panel data econometric techniques to characterize bilateral trade flows between heterogeneous economies. Our econometric results based on a sample of 4 Central and Eastern European countries (CEEC-4) and 19 OECD countries over a 18-year period highlight the importance by taking into account the unobservable heterogeneity to obtain a robust empirical specification and unbiased coefficients

Bilateral trade · Econometric model · Econometrics · Economics · Estimation · Geography · Gravity equation · Gravity model of trade · Macroeconomics · Panel data · Unobservable · Global Trade and Competitiveness · Global trade and economics · Monetary Policy and Economic Impact

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