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...

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Main Authors: Thi Thanh Binh Dinh, Viet Duong Nguyen, Manh Cuong Hoang
Format: Article
Language:English
Published: HDV INSER., JSC 2014-12-01
Series:Journal of International Economics and Management
Subjects:
Online Access:https://jiem.ftu.edu.vn/index.php/jiem/article/view/117
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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.
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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