Artikel

A gravity model analysis for trade between the GCC and developed countries

The study aimed to empirically analyse GCC's trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is positively related to their economic size and population. The gravity model has been analysed in six developed countries concerning trade with GCC countries from 2001 to 2012. The study concluded that GDP per capita and population for GCC and destination countries was significant. It also suggests that the trade barriers among the countries must be eradicated for better trade flow.

Language
Englisch

Bibliographic citation
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 7 ; Year: 2019 ; Issue: 1 ; Pages: 1-13

Classification
Wirtschaft
Subject
Developed countries
GCC countries
gravity model analysis
trade

Event
Geistige Schöpfung
(who)
Khayat, Sahar Hassan
Event
Veröffentlichung
(who)
Taylor & Francis
(where)
Abingdon
(when)
2019

DOI
doi:10.1080/23322039.2019.1703440
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Khayat, Sahar Hassan
  • Taylor & Francis

Time of origin

  • 2019

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