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https://hdl.handle.net/10419/27439
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DC Field | Value | Language |
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dc.contributor.author | Martínez-Zarzoso, Inmaculada | en |
dc.contributor.author | Nowak-Lehmann D., Felicitas | en |
dc.contributor.author | Horsewood, Nicholas | en |
dc.date.accessioned | 2006-09-07 | - |
dc.date.accessioned | 2009-08-07T11:41:13Z | - |
dc.date.available | 2009-08-07T11:41:13Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/27439 | - |
dc.description.abstract | This paper evaluates the static effects of preferential agreements between several economic blocs and areas using a dynamic gravity equation. The main aim is to investigate whether regionalism has fostered intra or/and extra blocs international trade, taking into account the existence of heterogeneity over time and across countries and testing whether a dynamic model is preferred to the traditional static specification of the gravity model. This paper argues that the gravity model should be best estimated using Blundell and Bond's (1998) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement error and weak instruments, and controls for timeinvariant country-specific effects such as distance or common language. | en |
dc.language.iso | eng | en |
dc.publisher | |aGeorg-August-Universität Göttingen, Ibero-America Institute for Economic Research (IAI) |cGöttingen | en |
dc.relation.ispartofseries | |aIAI Discussion Papers |x149 | en |
dc.subject.jel | F14 | en |
dc.subject.jel | F15 | en |
dc.subject.ddc | 330 | en |
dc.title | Effects of regional trade agreements using a static and dynamic gravity equation | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 517167190 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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