Publication detail

Czech International Trade: Gravity Model Analysis

MICHALÍKOVÁ, E. PAULUS, M.

Original Title

Czech International Trade: Gravity Model Analysis

Type

conference paper

Language

English

Original Abstract

This paper analyses Czech exports by applying the gravity model to a panel dataset consisting of 177 trade partners during 1995-2011. The model is based on micro-founded specification derived for panel data estimations. We utilize the fixed effects (FE) and least squares dummy variable (LSDV) estimations. The FE and LSDV methods allow us to deal with multilateral resistance terms derived from micro-economic specification of gravity models. We show a theoretical bias in estimated coefficient if the estimation does not take the resistance terms into account.

Keywords

gravity model, panel data

Authors

MICHALÍKOVÁ, E.; PAULUS, M.

RIV year

2014

Released

6. 11. 2014

ISBN

978-0-9860419-3-8

Book

24th International-Business-Information-Management-Association Conference

Pages from

1

Pages to

15

Pages count

15

BibTex

@inproceedings{BUT121670,
  author="Eva {Michalíková} and Michal {Paulus}",
  title="Czech International Trade: Gravity Model Analysis",
  booktitle="24th International-Business-Information-Management-Association Conference",
  year="2014",
  pages="1--15",
  isbn="978-0-9860419-3-8"
}