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In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly … show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance …, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank …
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as a combination of a good traded and a country traded with. Using merged information from trade transactions and from … trade. …
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(proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results … nature and level of its imports of capital goods from China. In contrast, the findings provide no support for the idea that …-by-importing externalities have the potential for generating economic growth in Africa. Eventually, exports of primary commodities are likely to …
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