Gravity of the Customs Union

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Details

This study measures the anticipatory trade creation and trade diversion effects of Customs Union of Belarus, Russia and Kazakhstan (CUBRK) for chosen industries. Those effects are estimated using Gravity Model of Trade (GMT). Log-linerized and exponential specifications of GMT are estimated with the help of OLS and Poisson-Pseudo-Maximum-Likelihood (PPML) estimators. Models include time fixed effects and variables which deal with endogeneity issues. The research data contain large amount of zeros, so OLS is estimated mainly for comparison reasons, since it was proven to be biased in case of zero trade flows. The inference is made based on PPML estimation. In order to capture gradual changes in trade flows, dynamic models are estimated along with static models.

Autorentext

Born in 1984 and still alive. Bachelor of Science in Mathematics and Master of Arts in Financial Economics.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09783846537640
    • Sprache Englisch
    • Größe H220mm x B220mm x T150mm
    • Jahr 2012
    • EAN 9783846537640
    • Format Kartonierter Einband (Kt)
    • ISBN 978-3-8465-3764-0
    • Titel Gravity of the Customs Union
    • Autor Dzianis Tauhen
    • Untertitel The Customs Union of Belarus, Russia and Kazakhstan: Gravity Model Approach to Estimation of Trade Flows Changes
    • Herausgeber LAP Lambert Academic Publishing
    • Anzahl Seiten 60
    • Genre Wirtschaft

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