Gravity Model Estimation: OLS Method with Reference to India (Record no. 80136)

000 -LEADER
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
Holdings
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
          Ahmedabad (HO) Ahmedabad (HO) 01/07/2023   AR442 20/09/2023 Articles

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