Gravity Model Estimation: OLS Method with Reference to India (Record no. 80136)
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fixed length control field | 02316nam a22002057a 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 230920b ||||| |||| 00| 0 eng d |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Srivastava, Vikas Deepak |
245 ## - TITLE STATEMENT | |
Title | Gravity Model Estimation: OLS Method with Reference to India |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | India |
Name of publisher, distributor, etc | Dogo Rangsang Research Journal |
Date of publication, distribution, etc | July, 2023 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 11p. |
520 ## - SUMMARY, ETC. | |
Summary, etc | This research study conducted aims to investigate the estimation of gravity model of international trade as applied to the country of India and its partner trading countries. The gravity model is an economic theory that suggests that economic factors, such as the size of two countries, distance between them, and bilateral agreements will affect international trade between them. The study used a combination of secondary data from government records and an econometric model to assess the validity of the gravity model of international trade. The results showed that the gravity model is a valid predictor of international trade flows between India and its partner trading countries. Specifically, factors such as country size, distance between countries, and bilateral agreements were found to be significant predictors of the amount of bilateral trade between India and its trading partners. This study provides evidence of the validity of the gravity model of international trade as applied to India and its partner trading countries. Additionally, the results shed light on the importance of the efforts of policy makers in seeking to increase international trade with partner countries. By carefully structuring these efforts based on the gravity model's predictive capabilities, policy makers can build mutually beneficial trading relationships with other countries. The findings of a statistical analysis of a log-linear approach in estimating a gravity model with five variables, log-trade, log-GDP, contiguity, common language, and PTA coefficients, using STATA 15 software. The results show that the estimated gravity equation is consistent with the classical gravity model<br/> |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Gravity Model |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | OLS Method |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Preferential Trade Agreement |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Contiguity |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | World Bank |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Srivastava, Prabhu Narayan |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | http://library.ediindia.ac.in:8181/xmlui/handle/123456789/13921 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Item type | Articles |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Total Checkouts | Barcode | Date last seen | Koha item type |
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Ahmedabad (HO) | Ahmedabad (HO) | 01/07/2023 | AR442 | 20/09/2023 | Articles |