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Regionalism and Gravity

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Author Info
Greenaway, David
Milner, Chris

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Abstract

Gravity models have been extensively used to evaluate the trade effects of regional trading arrangements, (RTAs), especially over the last 10 years or so. Questions addressed by researchers include, is there a regional bias to trade and are there identifiable trade affects attributable to RTAs? This paper reviews the evidence extant from this literature and evaluates the modelling and methodological issues confronted when applying gravity modelling to the analysis of regionalism. The paper argues that the approach has a distinctive role to play in evaluating trade effects and its application has been enhanced by both the refinement of theoretical underpinnings and development of econometric technique. Copyright 2002 by Scottish Economic Society.

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Publisher Info
Article provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.

Volume (Year): 49 (2002)
Issue (Month): 5 (December)
Pages: 574-85
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Handle: RePEc:bla:scotjp:v:49:y:2002:i:5:p:574-85

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  1. Chris Milner & Katarzyna Sledziewska, 2008. "Capturing Regional Trade Effects in the Presence of Other Trade Effects: The Impact of the Europe Agreement on Poland’s Imports," Open Economies Review, Springer, vol. 19(1), pages 43-54, February. [Downloadable!] (restricted)
  2. Persson, Maria, 2007. "Trade Facilitation and the EU-ACP Economic Partnership Agreements: Who Has the Most to Gain?," Working Papers 2007:8, Lund University, Department of Economics, revised 01 Oct 2007.
  3. Luca De Benedictis & Roberta De Santis & Claudio Vicarelli, 2005. "Hub-and-Spoke or else? Free trade agreements in the “enlarged” European Union," ISAE Working Papers 52, ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY). [Downloadable!]
    Other versions:
  4. Lederman, Daniel & Ozden, Caglar, 2005. "Geopolitical interests and preferential access to U.S. markets," Policy Research Working Paper Series 3531, The World Bank. [Downloadable!]
    Other versions:
  5. Luca De Benedictis & Claudio Vicarelli, 2005. "Trade Potentials in Gravity Panel Data Models," Topics in Economic Analysis & Policy, Berkeley Electronic Press, vol. 5(1), pages 1386-1386. [Downloadable!] (restricted)
    Other versions:
  6. Yener Kandogan, 2005. "Trade Creation and Diversion Effects of Europe’s Regional Liberalization Agreements," William Davidson Institute Working Papers Series wp746, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
  7. Richard Pomfret, 2005. "Sequencing Trade and Monetary Integration," Others 0502004, EconWPA. [Downloadable!]
  8. Gunawardana, Pemasiri, 2005. "The Asian Currency Crisis and Australian Exports to East Asia," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 35(1-2), pages 73-90, March/Sep. [Downloadable!]
  9. Park, Innwon & Park, Soonchan, 2006. "Reform-creating regional trade agreements and foreign direct investment: applications for East Asia," MPRA Paper 1817, University Library of Munich, Germany, revised Jan 2007. [Downloadable!]
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  10. Persson, Maria & Wilhelmsson, Fredrik, 2006. "Assessing the Effects of EU Trade Preferences for Developing Countries," Working Papers 2006:4, Lund University, Department of Economics, revised 26 Jun 2006. [Downloadable!]
  11. Kavallari, A. & Maas, S. & Schmitz, P.M., 2008. "Explaining German imports of olive oil: evidence from a gravity model," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44217, European Association of Agricultural Economists. [Downloadable!]
  12. Tomasz Iwanow & Colin Kirkpatrick, 2007. "Trade facilitation, regulatory quality and export performance," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(6), pages 735-753. [Downloadable!]
  13. Luca De Benedictis & Roberta De Santis & Claudio Vicarelli, 2005. "Hub-and-Spoke or Else? Free Trade Agreements in the Enlarged EU - A Gravity Model Estimate," Economics Working Papers 037, European Network of Economic Policy Research Institutes. [Downloadable!]
  14. Anna Ferragina & Giorgia Giovannetti & Francesco Pastore, 2005. "A Tale of Parallel Integration Processes. A Gravity Analysis of EU Trade with Mediterranean and Central and Eastern European Countries," IZA Discussion Papers 1829, Institute for the Study of Labor (IZA). [Downloadable!]
  15. Roberta De Santis & Claudio Vicarelli, 2007. "The “deeper” and the “wider” EU strategies of trade integration.An empirical evaluation of EU Common Commercial Policy effects," ISAE Working Papers 79, ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY). [Downloadable!]
  16. Roland Rieder, 2006. "Playing Dominoes in Europe: An Empirical Analysis of the Domino Theory for the EU, 1962-2004," HEI Working Papers 11-2006, Economics Section, The Graduate Institute of International Studies, revised Jun 2006. [Downloadable!]
  17. Bogdan Lissovolik & Yaroslav Lissovolik, 2006. "Russia and the WTO: The "Gravity" of Outsider Status," IMF Staff Papers, Palgrave Macmillan Journals, vol. 53(1), pages 1. [Downloadable!] (restricted)
  18. Miren Lafourcade & Elisenda Paluzie Hernandez, 2005. "European Integration, FDI and the Internal Geography of Trade: Evidence from Western European Border Regions," Working Papers in Economics 145, Universitat de Barcelona. Espai de Recerca en Economia. [Downloadable!]
  19. Dean A. DeRosa & John P. Gilbert, 2005. "Predicting Trade Expansion under FTAs and Multilateral Agreements," Peterson Institute Working Paper Series WP05-13, Peterson Institute for International Economics. [Downloadable!]
  20. Peter Egger, 2004. "Estimating regional trading bloc effects with panel data," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 140(1), pages 151-166, March. [Downloadable!] (restricted)
  21. Cardamone, Paola, 2007. "A survey of the assessments of the effectiveness of Preferential Trade Agreements using gravity models," Working Papers 7282, TRADEAG - Agricultural Trade Agreements. [Downloadable!]
    Other versions:
  22. Claus-Friedrich Laaser & Klaus Schrader, 2004. "The Baltic States' Integration into the European Division of Labour," Kiel Working Papers 1234, Kiel Institute for the World Economy. [Downloadable!]
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