Modelling Export Activity in a Multicountry Economic Area: The APEC Case

László Mátyás, L Konya, N M Harris

    Research output: Working paper/PreprintWorking paper

    Abstract (may include machine translation)

    The gravity model has long been used for modelling and predicting trade flows.
    This paper generalises the gravity model allowing for proper representation of local and target
    country effects and also the business cycle(s). The new approach is based on a panel data
    framework (instead of a simple cross sectional or times series approach) where the additional
    information available from using both types of data is utilised to properly model all the
    specific effects. The model is then estimated for a panel of APEC countries.
    Original languageEnglish
    Place of PublicationMelbourne
    PublisherMonash University
    StatePublished - 1997

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