A gravity model analysis for trade between the GCC and developed countries
The study aimed to empirically analyse GCC’s trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is positive...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2019-01-01
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| Series: | Cogent Economics & Finance |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/23322039.2019.1703440 |
| _version_ | 1819296857069715456 |
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| author | Sahar Hassan Khayat |
| author_facet | Sahar Hassan Khayat |
| author_sort | Sahar Hassan Khayat |
| collection | DOAJ |
| description | The study aimed to empirically analyse GCC’s trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is positively related to their economic size and population. The gravity model has been analysed in six developed countries concerning trade with GCC countries from 2001 to 2012. The study concluded that GDP per capita and population for GCC and destination countries was significant. It also suggests that the trade barriers among the countries must be eradicated for better trade flow. |
| first_indexed | 2024-12-24T05:04:46Z |
| format | Article |
| id | doaj.art-1f9c7bdbf3bb478f82d2ae88f1f8e24b |
| institution | Directory Open Access Journal |
| issn | 2332-2039 |
| language | English |
| last_indexed | 2024-12-24T05:04:46Z |
| publishDate | 2019-01-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj.art-1f9c7bdbf3bb478f82d2ae88f1f8e24b2022-12-21T17:13:51ZengTaylor & Francis GroupCogent Economics & Finance2332-20392019-01-017110.1080/23322039.2019.17034401703440A gravity model analysis for trade between the GCC and developed countriesSahar Hassan Khayat0King Abdulaziz UniversityThe study aimed to empirically analyse GCC’s trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is positively related to their economic size and population. The gravity model has been analysed in six developed countries concerning trade with GCC countries from 2001 to 2012. The study concluded that GDP per capita and population for GCC and destination countries was significant. It also suggests that the trade barriers among the countries must be eradicated for better trade flow.http://dx.doi.org/10.1080/23322039.2019.1703440developed countriesgcc countriesgravity model analysistrade |
| spellingShingle | Sahar Hassan Khayat A gravity model analysis for trade between the GCC and developed countries Cogent Economics & Finance developed countries gcc countries gravity model analysis trade |
| title | A gravity model analysis for trade between the GCC and developed countries |
| title_full | A gravity model analysis for trade between the GCC and developed countries |
| title_fullStr | A gravity model analysis for trade between the GCC and developed countries |
| title_full_unstemmed | A gravity model analysis for trade between the GCC and developed countries |
| title_short | A gravity model analysis for trade between the GCC and developed countries |
| title_sort | gravity model analysis for trade between the gcc and developed countries |
| topic | developed countries gcc countries gravity model analysis trade |
| url | http://dx.doi.org/10.1080/23322039.2019.1703440 |
| work_keys_str_mv | AT saharhassankhayat agravitymodelanalysisfortradebetweenthegccanddevelopedcountries AT saharhassankhayat gravitymodelanalysisfortradebetweenthegccanddevelopedcountries |