Modelling Export Activity of Eleven APEC Countries, 1978-1997

16 Pages Posted: 18 Aug 2008

See all articles by Laszlo Matyas

Laszlo Matyas

Central European University (CEU) - Department of Economics; Universite Paris XII Val de Marne

Laszlo Konya

La Trobe University - School of Economics

Mark N. Harris

Curtin University

Date Written: August 18, 2008

Abstract

The gravity model has long been used for modelling and predicting trade flows. This paper generalises the gravity model allowing for proper representation of local and target country effects and also the business cycle. The new approach is based on a panel data framework (instead of a simple cross sectional or time series approach) where the additional information available from using both types of data (i.e. cross sectional and time series) is utilised to properly model all the specific effects. The model is applied to a panel of APEC countries.

Keywords: Gravity model, Panel data, Fixed effects model, Export flows, APEC countries

JEL Classification: C23, F17

Suggested Citation

Matyas, Laszlo and Konya, Laszlo and Harris, Mark N., Modelling Export Activity of Eleven APEC Countries, 1978-1997 (August 18, 2008). Applied Econometrics and International Development, Vol. 4, No. 4, 2004, Available at SSRN: https://ssrn.com/abstract=1233242

Laszlo Matyas (Contact Author)

Central European University (CEU) - Department of Economics ( email )

Nador u. 9.
Budapest H-1051
Hungary

Universite Paris XII Val de Marne

61 avenue du General de Gaulle
Creteil cedex, 94010
France

Laszlo Konya

La Trobe University - School of Economics ( email )

Bundoora, Victoria 3086
Australia

Mark N. Harris

Curtin University ( email )

Kent Street
Bentley
Perth, WA WA 6102
Australia

HOME PAGE: http://business.curtin.edu.au/contact/staff_directory/?profile=Mark-Harris

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