Publication detail

Gravity Model of German Trade: Poisson Regression Approach

MICHALÍKOVÁ, E. PAULUS, M.

Original Title

Gravity Model of German Trade: Poisson Regression Approach

Type

conference paper

Language

English

Original Abstract

This paper utilizes the gravity model to analyse Gerkan exports. We have used a panel dataset which includes German exports to 176 countries and 20 control variables, including insitutional factors during the period of 1995-2011. We estimate the model by applying a Poisson regression with robust variances and estimated three models (a pooled Poisson regression as well as a fixed and random panel data Poisson regression). The results reveal that the core economic variables (partner GDP, distance) are the modst relevant factors behind German exports. The distance coefficient is slightly below the average resuls from other studies and thus in comparion German exporters are less harmed by geographical distances than exporters in other countries. The real exchange rate has also been revealed as relevant: depreciation stimulates exports. Other economic significant variables were population (negative effect), recession

Keywords

Germany, export, gravity model, Poisson PML

Authors

MICHALÍKOVÁ, E.; PAULUS, M.

RIV year

2015

Released

7. 5. 2015

ISBN

978-0-9860419-4-5

Book

25th IBIMA Conference

ISBN

NEUVEDENO

Pages from

1

Pages to

8

Pages count

8

BibTex

@inproceedings{BUT115490,
  author="Eva {Michalíková} and Michal {Paulus} and Vladimír {Benáček}",
  title="Gravity Model of German Trade: Poisson Regression Approach",
  booktitle="25th IBIMA Conference",
  year="2015",
  pages="1--8",
  isbn="978-0-9860419-4-5"
}