چکیده:
In this paper we revisited the recent contribution study which examinesthe determinants of bilateral trade between Iran and Europe Union, ECO, GCC and ASEAN countries in the period 1995-2009, using a panel data approach. The findings indicate that Iran’ trade flows follow the Linder hypothesis, while the bilateral trade is associated with Heckscher- Ohlin- Samuelson theorem. Results show that geographical distance is negative and significant; trade will increase if the transportation costs decreases. We also introduce the economic dimension and income per-capita; these proxies confirm the positive effects on bilateral trade. Our results also confirm the hypothesis that foreign direct investment (FDI) is positively correlated with the trade.
خلاصه ماشینی:
Iranian Economic Review, Vol. 16, No. 31, Winter 2012 Gravity Model: An Application to Trade between Iran and Regional Blocs Amir Reza Soori Ahmad Tashkini Received: 2011/07/23 Accepted:2012/02/08 Abstract paper we revisited the recent contribution study which examines the determinants of bilateral trade between Iran and Europe Union, ECO, GCC and ASEAN countries in the period 1995-2009, using a panel data approach.
Bilateral Trade, Regional Blocs, Dynamic Panel Data, Foreign Direct Investment, Economic Dimension 1- Introduction Since the end of Second World War, international trade has grown faster than world production in nearly a year.
In last years, a number of gravity models have been applied to explain the bilateral trade flows (Egger 2002, Serlenga and Shin 2007, Faustino and Leitão, 2008).
Economic differences between countries (DPGDP): this is difference in GDP (PPP, incurrent international dollars) between Iran and the partner country: {مراجعه شود به فایل جدول الحاقی} Regarding hypothesis 1, the model of Linder (1961) suggests a positive effect of income different on bilateral trade and Baltagi et al.
They found a negative relationship 6/ Gravity Model: An Application to Trade between Iran and Regional… between distance and bilateral trade.
)2006(, Badinger and Breuss (2008) and Kabir and Salim (2010) found a negative relationship between distance and bilateral trade 10/ Gravity Model: An Application to Trade between Iran and Regional… References 1- Anderson J E (1979), “A Theoretical Foundation for the Gravity Equation”, The American Economic 69 (1), 106-116.
12/ Gravity Model: An Application to Trade between Iran and Regional… {مراجعه شود به فایل جدول الحاقی}