Fiche du document
1 décembre 2018
- handle: 10670/1.a262l3
Ce document est lié à :
10.15446/cuad.econ.v37n74.55016
info:eu-repo/semantics/openAccess
Sujets proches
Trade Commercial trade Foreign trade GDP Domestic product, Gross Earth (Planet)--Gravity Trade, Free Free trade and protection Trade liberalization Pattern Model Trade TradeCiter ce document
Medardo Aguirre González et al., « A GRAVITY MODEL OF TRADE FOR NICARAGUAN AGRICULTURAL EXPORTS », Cuadernos de Economía, ID : 10670/1.a262l3
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Résumé
This research aims to find the determining factors of Nicaraguan agricultural exports. To carry out this study, the author formulated a Gravity Model of Trade (GMT) and then made an estimation using a version of Ordinary Least Squares (OLS) that incorporates a consistent covariance matrix estimator to correct the heteroskedasticity and autocorrelation effects. The data considered observations over twenty years and for twelve countries: eight have signed a Free Trade Agreement (FTA) with Nicaragua and four have not. The variables that significantly increased the flow of Nicaraguan agricultural exports are the following: Nicaragua’s trading partners’ population, Nicaragua’s Gross Domestic Product per capita (GDP pc), the Real Exchange Rate (RER), and Nicaragua’s trading partners’ GDP pc; however, the distance variable turned out to be significantly trade-inhibiting. Free Trade Agreements (FTAs) predominantly have significant effects. JEL: Q17, Q18, F14, C50.