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Explaining the volume of north south trade : a gravity model approach

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  • Emla Fitzsimons
  • Vincent (Vincent Peter) Hogan
  • J. Peter Neary

Abstract

We address the question of whether the volume of manufacturing trade between Northern Ireland and the Republic of Ireland is more or less than might be expected in the light of international experience. We estimate a gravity equation for bilateral manufacturing trade between 28 developed countries from 1970 to 1992. Using the results as benchmark, we find that North-South trade in Ireland is greater rather than less than might be expected. The finding is robust with respect to a wide range of alternative specifications and alternative ways of measuring the key variables.

Suggested Citation

  • Emla Fitzsimons & Vincent (Vincent Peter) Hogan & J. Peter Neary, 1999. "Explaining the volume of north south trade : a gravity model approach," Open Access publications 10197/48, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:oapubs:10197/48
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    File URL: http://hdl.handle.net/10197/48
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    3. Andres Faiña & Jesus Lopez-Rodríguez, 2003. "Population Potentials and Development Levels: Empirical Findings in the European Union," ERSA conference papers ersa03p30, European Regional Science Association.
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    5. 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.
    6. Johan Fourie & María Santana-Gallego, 2013. "The determinants of African tourism," Development Southern Africa, Taylor & Francis Journals, vol. 30(3), pages 347-366, September.
    7. Richard Pomfret, 2005. "Sequencing Trade and Monetary Integration," Others 0502004, University Library of Munich, Germany.
    8. Hanh Vu Thi, 2015. "Essays on the Export Performance of Vietnam/Essais sur la Performance à l'Exportation du Vietnam," ULB Institutional Repository 2013/216765, ULB -- Universite Libre de Bruxelles.
    9. Christie Smith, 2002. "Currency unions and gravity models revisited," Reserve Bank of New Zealand Discussion Paper Series DP2002/07, Reserve Bank of New Zealand.
    10. Joan Costa-i-Font, 2010. "Regional Single Currency Effects on Bilateral Trade with the European Union," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 6, London School of Economics / European Institute.
    11. Keith Walsh, 2006. "Trade in Services: Does Gravity Hold? A Gravity Model Approach to Estimating Barriers to Services Trade," The Institute for International Integration Studies Discussion Paper Series iiisdp183, IIIS.
    12. Martina Lawless & J. Peter Neary & Zuzanna Studnicka, 2019. "South-North Trade in Ireland: Gravity and Firms from the Good Friday Agreement to Brexit," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 751-766.
    13. Pomfret, Richard, 2005. "Sequencing trade and monetary integration: issues and application to Asia," Journal of Asian Economics, Elsevier, vol. 16(1), pages 105-124, February.
    14. Lawless, Martina & Kren, Janez, 2023. "Structure of international goods trade for Ireland and Northern Ireland," Research Series, Economic and Social Research Institute (ESRI), number SUSTAT117, June.
    15. Joan Costa-i-Font, 2010. "Regional Single Currency Effects on Bilateral Trade with the European Union," LEQS – LSE 'Europe in Question' Discussion Paper Series 26, European Institute, LSE.
    16. Mihaela-Nona Chilian, 2012. "Competitiveness Factors at National and Regional Level. A Panel Analysis for Romania," ERSA conference papers ersa12p110, European Regional Science Association.
    17. Richard Pomfret, 2003. "Formation and Dissolution of Monetary Unions: Evidence from Europe, and Lessons for Elsewhere," School of Economics and Public Policy Working Papers 2003-03, University of Adelaide, School of Economics and Public Policy.

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