The Gravity Model Approach: An Application on the Eco Was Trading Bloc

Luqman Afolabi O. (), Abu Bakar Nor Aznin () and Mukhriz Izraf Azman Aziz ()
Additional contact information
Luqman Afolabi O.: School of Economics, Finance and Banking UUM College of Business Universiti Utara Malaysia
Abu Bakar Nor Aznin: Associate Professor, Department of Economics and Agribusiness School of Economics, Finance and Banking UUM College of Business Universiti Utara Malaysia
Mukhriz Izraf Azman Aziz: Senior Lecturer, Department of Economics and Agribusiness School of Economics, Finance and Banking UUM College of Business Universiti Utara Malaysia

South East European Journal of Economics and Business, 2016, vol. 11, issue 1, 67-75

Abstract: This study aims to examine bilateral trade flows across ECOWAS-15 nations with the use of a panel and cross section for the period of 1981-2013. The methodology carried out to achieve this objective involves the use of various techniques of estimation for the gravity model (Static and dynamic). More specifically, this study aims to investigate the formational impact of regional trade integration agreements on trade flows within a group of countries using the same currencies and ECOWAS at large. The main use of regional variables into gravity models is intended to determine whether RTAs lead to trade creation, or diversion. The results show the presence of a strong relationship among the factors of both RIAs and trade flows.

Keywords: RTAs; Trade creation and diversion; Panel Data model; Gravity models (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1515/jeb-2016-0005 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:seejeb:v:11:y:2016:i:1:p:67-75:n:5

DOI: 10.1515/jeb-2016-0005

Access Statistics for this article

South East European Journal of Economics and Business is currently edited by Adnan Efendic, Vesna Babić-Hodović and Aziz Šunje

More articles in South East European Journal of Economics and Business from Sciendo
Bibliographic data for series maintained by Peter Golla ().