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A modified gravity model of international trade is used to evaluate determi - nants of flows of commodities most often traded in the Pacific Rim. It is shown that the gravity model can be reparameterized effectively by using time series and cross section data rather than using cross section data...
Persistent link: https://www.econbiz.de/10010840773
Welfare effects of economic integration are often studied with aggregate data, and as such provide limited insights about the effects of trade pacts to individual economic agents in the free trade area. In this study a three-digit disaggregated commodity/ industry data grouped under the Standard...
Persistent link: https://www.econbiz.de/10010840819
A few studies have shown that free trade agreements have affected the pattern of state exports. This paper examines the effects of free trade agreements on US state vegetable and fruit trade flows. We propose a single commodity gravity equation to overcome a common shortcoming of most gravity...
Persistent link: https://www.econbiz.de/10009415581