Arbeitspapier

Grawitacyjny model przepływów handlowych między krajami Unii Europejskiej w dobie globalizacji

The objective of the paper is to present the impact of globalization conditions on trade flows between states. These determinants were considered as alternative factors for the physical distance between countries in the gravity model performed by Tinbergen (1962). In the traditional gravity model a value of trade exchange between any of two countries is directly proportional to the product of their GNP and inversely proportional to the distance between them. In the current global economy geographical distance between regions is not identified as a factor of preventing a trade exchange; therefore the distance measure in gravity model may be interpreted as an economic dissimilarity of cooperating countries. In the paper the international trade flows between EU members in the period of 1999-2010 were examined. Panel gravity models presented in the literature prove that the globalization factors, apart from a geographical distance, perform a significant role for increasing international trade. The impact of improving transport infrastructure was confirmed in the study.

Alternative title
Gravity model of trade flows between European Union countries in the era of globalization
Language
Polnisch

Bibliographic citation
Series: Institute of Economic Research Working Papers ; No. 27/2013

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Empirical Studies of Trade
Subject
international trade
European Union
globalization
gravity model of trade flows
panel model

Event
Geistige Schöpfung
(who)
Drzewoszewska, Natalia
Pietrzak, Michal Bernard
Wilk, Justyna
Matusik, Stanislaw
Event
Veröffentlichung
(who)
Institute of Economic Research (IER)
(where)
Toruń
(when)
2013

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Drzewoszewska, Natalia
  • Pietrzak, Michal Bernard
  • Wilk, Justyna
  • Matusik, Stanislaw
  • Institute of Economic Research (IER)

Time of origin

  • 2013

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