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The Gravity Model in International Trade
Advances and Applications

$57.99 (C)

S. Brakman, P. A. G. van Bergeijk, J. H. Bergstrand, P. Egger, S. L. Baier, J. H. Bergstrand, J. A. Bikker, K. Head, T. Mayer, M. Bosker, H. Garretsen, J. Möhlmann, S. Ederveen, H. L. F. de Groot, G.-J. M. Linders, A. Rose, M. Spiegel, E. Afman, M. Maurel, G. Garita, C. van Marrewijk, H. Boulhol, A. de Serres
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  • Date Published: October 2014
  • availability: Available
  • format: Paperback
  • isbn: 9781107454514
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About the Authors
  • How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.

    • Important reference text that presents the first concise summary of literature on the gravity model of international trade, one of the most widely used tools in applied international economics
    • Explains recent methodological and theoretical advances using many applications of the model to actual problems
    • Includes contributions from experts at the forefront of research into the gravity model bringing readers completely up to date with the latest developments
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    Reviews & endorsements

    'Theoretical foundations and empirical estimation strategy of gravity models have significantly advanced over the last years. By tracing the history of this evolution and offering a rich sample of applications, this book will prove to be a very useful reference to both those new to the field and those in search of an up-to-date treatment of theoretical and methodological issues related to gravity models.' Roberta Piermartini, World Trade Organisation

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    13th Dec 2018 by Dilafadila

    okeeee i feel saya bisa jadikan ini review untuk penelitian saya, thank you

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    Product details

    • Date Published: October 2014
    • format: Paperback
    • isbn: 9781107454514
    • length: 374 pages
    • dimensions: 229 x 152 x 20 mm
    • weight: 0.5kg
    • contains: 26 b/w illus. 66 tables
    • availability: Available
  • Table of Contents

    List of figures
    List of tables
    1. Introduction: the comeback of the gravity equation S. Brakman and P. A. G. van Bergeijk
    Part I. Methodology:
    2. A general equilibrium theory for estimating gravity equations of bilateral FDI, final goods, and intermediate trade flows J. H. Bergstrand and P. Egger
    3. The incidence of gravity J. E. Anderson
    4. Approximating general equilibrium impacts of trade liberalizations using the gravity equation: applications to NAFTA and the European Economic Area S. L. Baier and J. H. Bergstrand
    5. An extended gravity model with substitution applied to international trade J. A. Bikker
    Part II. Distance in the Gravity Model:
    6. Illusory border effects: distance mismeasurement inflates estimates of home bias in trade K. Head and T. Mayer
    7. Trade costs, market access and economic geography: why the empirical specification of trade costs matters M. Bosker and H. Garretsen
    8. Intangible barriers to international trade: a sectoral approach J. Möhlmann, S. Ederveen, H. L. F. de Groot and G.-J. M. Linders
    Part III. Specific Applications:
    9. International environmental arrangements and international commerce A. Rose and M. Spiegel
    10. Diplomatic relations and trade reorientation in transition countries E. Afman and M. Maurel
    11. Unlocking the value of cross-border mergers and acquisitions S. Brakman, H. Garretsen, G. Garita and C. van Marrewijk
    12. The impact of economic geography on GDP per capita in OECD countries H. Boulhol and A. de Serres
    Index.

  • Editors

    Peter A. G. van Bergeijk, Institute of Social Studies, The Hague
    Steven Brakman is Professor of Economics at the University of Groningen, The Netherlands. His most recent book is the The New Introduction to Geographical Economics (Cambridge University Press, 2009), co-authored with Harry Garretsen and Charles Van Marrewijk.

    Steven Brakman, Rijksuniversiteit Groningen, The Netherlands
    Peter van Bergeijk is Professor of International Economics and Macroeconomics at the Institute of Social Studies, The Hague. He is also Deputy Director of CERES, the coordinating body for development economics research in the Netherlands. His most recent book is A Wealth of Creations (2007), co-edited with Gerrit Faber and Norine Maniran.

    Contributors

    S. Brakman, P. A. G. van Bergeijk, J. H. Bergstrand, P. Egger, S. L. Baier, J. H. Bergstrand, J. A. Bikker, K. Head, T. Mayer, M. Bosker, H. Garretsen, J. Möhlmann, S. Ederveen, H. L. F. de Groot, G.-J. M. Linders, A. Rose, M. Spiegel, E. Afman, M. Maurel, G. Garita, C. van Marrewijk, H. Boulhol, A. de Serres

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