IDEAS home Printed from https://ideas.repec.org/a/sek/jijobm/v5y2017i2p64-77.html
   My bibliography  Save this article

The design of the Romanian wine imports and exports using the gravity model approach

Author

Listed:
  • Anca Tamas

    (Bucharest University of Economic Studies)

Abstract

Purpose-the aim of this paper is to assess the design of the Romanian wines imports and exports using the gravity model.Design/Methodology/Approach-the regression was used, namely Panel EGLS (Estimated Generalized Least Squares), with cross-section weights option, which allows the control of heteroscedasticity and of the auto-correlation as well. The independent variables used in the gravity model are GDP per capita, distance, Unit price, exchange rates, wine production.Findings-the GDP per capita and the common membership of two countries influence positively the wine trade flows. The Unit price, the distance, the isolation and the dominant religion influence negatively the wine trade flows. The wine production and the exchange rates have low influence and they are not statistically significant.Practical implications-the article is useful for importers and exporters because it highlights which variables of a country could influence the wine trade flows.Originality/Value-the application of the gravity model on Romanian wine trade flows.

Suggested Citation

  • Anca Tamas, 2017. "The design of the Romanian wine imports and exports using the gravity model approach," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 5(2), pages 64-77, November.
    • Handle: RePEc:sek:jijobm:v:5:y:2017:i:2:p:64-77
    as

    Download full text from publisher

    File URL: https://iises.net/international-journal-of-business-management/publication-detail-1661
    Download Restriction: no
    File URL: https://iises.net/international-journal-of-business-management/publication-detail-1661?download=5
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brada, Josef C & Mendez, Jose A, 1985. "Economic Integration among Developed, Developing and Centrally Planned Economies: A Comparative Analysis," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 549-556, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Camélia TURCU & Mihai MUTASCU & Albert LESSOUA, 2020. "Firms’ Performance and Exports: The Case of Romanian Winemakers," LEO Working Papers / DR LEO 2747, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    2. Albert Lessoua & Mihai Mutascu & Camélia Turcu, 2018. "Financial performance and exports: the case of Romanian winemakers," Working Papers 2018.07, International Network for Economic Research - INFER.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andreas P. Cornett, 1998. "The problem of transition and reintegration of East and Central Europe: conceptual remarks and empirical problems," ERSA conference papers ersa98p185, European Regional Science Association.
    2. Salvador Gil & Rafael Llorca & J. Antonio Martínez‐Serrano, 2008. "Assessing the Enlargement and Deepening of the European Union," The World Economy, Wiley Blackwell, vol. 31(9), pages 1253-1272, September.
    3. Fock, Achim & von Ledebur, Oliver, 1998. "Struktur und Potentiale des Agraraußenhandels Mittel- und Osteuropas," IAMO Discussion Papers 14, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    4. Thomas, Douglas E. & Grosse, Robert, 2001. "Country-of-origin determinants of foreign direct investment in an emerging market: the case of Mexico," Journal of International Management, Elsevier, vol. 7(1), pages 59-79.
    5. Abdelkader Sid Ahmed, 1992. "Maghreb : quelle intégration à la lumière des expériences dans le Tiers Monde ?," Revue Tiers Monde, Programme National Persée, vol. 33(129), pages 67-97.
    6. Cardamone, Paola, 2007. "A Survey of the Assessments of the Effectiveness of Preferential Trade Agreements using Gravity Models," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 60(4), pages 421-473.
    7. Scott L. Baier & Narendra R. Regmi, 2023. "Using Machine Learning to Capture Heterogeneity in Trade Agreements," Open Economies Review, Springer, vol. 34(4), pages 863-894, September.
    8. Rod Falvey & Neil Foster-McGregor, 2022. "The breadth of preferential trade agreements and the margins of exports," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(1), pages 181-251, February.
    9. Laszlo Balazsi & Felix Chan & Laszlo Matyas, 2022. "Event count estimation," Econometric Reviews, Taylor & Francis Journals, vol. 41(2), pages 147-176, February.
    10. Jacqueline Karlsson & Helena Melin & Kevin Cullinane, 2018. "The impact of potential Brexit scenarios on German car exports to the UK: an application of the gravity model," Journal of Shipping and Trade, Springer, vol. 3(1), pages 1-22, December.
    11. Foster, Neil & Poeschl, Johannes & Stehrer, Robert, 2011. "The impact of Preferential Trade Agreements on the margins of international trade," Economic Systems, Elsevier, vol. 35(1), pages 84-97, March.
    12. Alexander Granberg & Victor Suslov & Larisa Melnikova, 1998. "Equilibrium, kernel, integration in the multiregional system under liberalization of external trade," ERSA conference papers ersa98p127, European Regional Science Association.
    13. Amélie Guillin, 2013. "Trade in Services and Regional Trade Agreements: Do Negotiations on Services Have to be Specific?," The World Economy, Wiley Blackwell, vol. 36(11), pages 1406-1423, November.
    14. Archanun KOHPAIBOON & Juthathip JONGWANICH, 2015. "Use of FTAs from Thai Experience," Working Papers DP-2015-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    15. Marjan Petreski, 2013. "Southeastern European Trade Analysis: A Role for Endogenous CEFTA-2006?," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(5), pages 26-44, September.
    16. Daniella Markheim, 1994. "A Note on Predicting the Trade Effects of Economic Integration and Other Preferential Trade Agreements: An Assessment," Journal of Common Market Studies, Wiley Blackwell, vol. 32(1), pages 103-110, March.
    17. Endoh, Masahiro, 1999. "The transition of postwar Asia-Pacific trade relations," Journal of Asian Economics, Elsevier, vol. 10(4), pages 571-589.
    18. Lin, Faqin, 2012. "The Uneven Roles of FTAs: Selection Effect or “Learning” Effect?," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 8(1), pages 1-13, February.
    19. Byungyul Park & John Beghin, 2023. "Exploring the impact of economic integration agreements through extreme bounds analysis," Review of International Economics, Wiley Blackwell, vol. 31(1), pages 35-59, February.
    20. Nasrullah, Muhammad & Chang, Liu & Khan, Khalid & Rizwanullah, Muhammad & Zulfiqar, Farah & Ishfaq, Muhammad, 2020. "Determinants of forest product group trade by gravity model approach: A case study of China," Forest Policy and Economics, Elsevier, vol. 113(C).

    More about this item

    Keywords

    gravity model; wine trade flows;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:jijobm:v:5:y:2017:i:2:p:64-77. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://ijobm.iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.