Impact of East African Community Integration on Trade: Gravity Model Approach
نویسندگان
چکیده
East African community (EAC) is a regional economic bloc established to foster corporation between Kenya, Rwanda, Burundi, Uganda and Tanzania. Using gravity model the study explores short run long effect of on trade using parametric, random fixed estimation techniques. Secondly, investigates whether formation EAC led creation or diversion in among member countries EAC. Lastly, establishes entry Burundi Rwanda trade. The used panel data obtained from five for period 1985 2019. Breausch Pagan LM test restrictions parametric Hausman endogeinity found out that technique produced accurate plausible results than empirical across rose by 1.6% while models recorded 3.6% increase run. This was insignificant meaning did not expand considerably In run, indicate increased 24.2% each show 16%. coefficients are statistically significant at 5% ceteris paribus. 41.6%, 12.2%, 33.9% 30.1% respectively 4.2% Thirdly, 19.6%. coefficient level. growth 19.1%. techniques all consistent. ought greater GDP, encourage strengthen use common language reduce cross border order realize more
منابع مشابه
The impact of Economic and Geographic indicators in Trade in OIC Countries (Using Gravity Model)
Present paper is an attempt to estimate the impact of Economic and Geographic indicators in trade among Islamic countries according to a bilateral trade model as Gravity model, and study the relationship between Economy, Geography and Trade in this way. Fixed effect version of the panel data estimation producer with OIC member country data spanning over the 2007–2012. The result of this researc...
متن کاملthe impact of portfolio assessment on iranian efl students essay writing: a process-oriented approach
this study was conducted to investigate the impact of portfolio assessment as a process-oriented assessment mechanism on iranian efl students’ english writing and its subskills of focus, elaboration, organization, conventions, and vocabulary. out of ninety juniors majoring in english literature and translation at the university of isfahan, sixty one of them who were at the same level of writing...
15 صفحه اولThe Gravity Model and Iran's Trade Flows
This article has considered the volume and direction of Iran’s trade using the gravity model. The major issue in this analysis is to explore why Iran over or under-traded with the 76 countries relative to the predicted trade flows of the model. The study attempts to explore the reasons from the respect of both the model itself and Iran’s trade structure. This is done by analysing the performanc...
متن کاملA Panel Data Analysis of South Korea’s Trade with OPEC Member Countries: The Gravity Model Approach
Abstract T his paper explains bilateral trade patterns between South Korea and thirteen OPEC member countries over the period 1980-2014 using a gravity model. The estimation results show that the gravity equation fits the data reasonably well. We confirmed the existence of long term relationships between the bilateral trade flows and the main components of gravity model - ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of economics, finance and management studies
سال: 2021
ISSN: ['2644-0490', '2644-0504']
DOI: https://doi.org/10.47191/jefms/v4-i11-30