Applying gravity model to analyze trade activities of Vietnam
This paper applies gravity model in order to analyze bilateral trade activities between Vietnam and 60 countries from 2000 to 2010. We exploited the panel data on international trade of Vietnam taken from the data banks of International Trade Centre, International ‘Monetary Fund and World Bank. The...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
HDV INSER., JSC
2014-12-01
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Series: | Journal of International Economics and Management |
Subjects: | |
Online Access: | https://jiem.ftu.edu.vn/index.php/jiem/article/view/117 |
_version_ | 1819277568628490240 |
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author | Thi Thanh Binh Dinh Viet Duong Nguyen Manh Cuong Hoang |
author_facet | Thi Thanh Binh Dinh Viet Duong Nguyen Manh Cuong Hoang |
author_sort | Thi Thanh Binh Dinh |
collection | DOAJ |
description | This paper applies gravity model in order to analyze bilateral trade activities between Vietnam and 60 countries from 2000 to 2010. We exploited the panel data on international trade of Vietnam taken from the data banks of International Trade Centre, International ‘Monetary Fund and World Bank. The estimated results reveal that economic size of Vietnam, economic size and market size of foreign partners, distance and culture have important - effects on bilateral trade flows between Vietnam and these 60 countries. By applying method of speed of convergence, we also find out that Vietnam has trade potential especially with some new markets such as Africa and Western Asia. |
first_indexed | 2024-12-23T23:58:11Z |
format | Article |
id | doaj.art-a0256ad2a01c409ca13a19f66141a1b6 |
institution | Directory Open Access Journal |
issn | 2615-9856 |
language | English |
last_indexed | 2024-12-23T23:58:11Z |
publishDate | 2014-12-01 |
publisher | HDV INSER., JSC |
record_format | Article |
series | Journal of International Economics and Management |
spelling | doaj.art-a0256ad2a01c409ca13a19f66141a1b62022-12-21T17:25:11ZengHDV INSER., JSCJournal of International Economics and Management2615-98562014-12-0169318117Applying gravity model to analyze trade activities of VietnamThi Thanh Binh DinhViet Duong NguyenManh Cuong HoangThis paper applies gravity model in order to analyze bilateral trade activities between Vietnam and 60 countries from 2000 to 2010. We exploited the panel data on international trade of Vietnam taken from the data banks of International Trade Centre, International ‘Monetary Fund and World Bank. The estimated results reveal that economic size of Vietnam, economic size and market size of foreign partners, distance and culture have important - effects on bilateral trade flows between Vietnam and these 60 countries. By applying method of speed of convergence, we also find out that Vietnam has trade potential especially with some new markets such as Africa and Western Asia.https://jiem.ftu.edu.vn/index.php/jiem/article/view/117gravity modelinternational tradevietnam |
spellingShingle | Thi Thanh Binh Dinh Viet Duong Nguyen Manh Cuong Hoang Applying gravity model to analyze trade activities of Vietnam Journal of International Economics and Management gravity model international trade vietnam |
title | Applying gravity model to analyze trade activities of Vietnam |
title_full | Applying gravity model to analyze trade activities of Vietnam |
title_fullStr | Applying gravity model to analyze trade activities of Vietnam |
title_full_unstemmed | Applying gravity model to analyze trade activities of Vietnam |
title_short | Applying gravity model to analyze trade activities of Vietnam |
title_sort | applying gravity model to analyze trade activities of vietnam |
topic | gravity model international trade vietnam |
url | https://jiem.ftu.edu.vn/index.php/jiem/article/view/117 |
work_keys_str_mv | AT thithanhbinhdinh applyinggravitymodeltoanalyzetradeactivitiesofvietnam AT vietduongnguyen applyinggravitymodeltoanalyzetradeactivitiesofvietnam AT manhcuonghoang applyinggravitymodeltoanalyzetradeactivitiesofvietnam |