Detail publikačního výsledku

Billateral Trade with Multilateral Resistance Terms: Analysis of Gravity Equation

MICHALÍKOVÁ, E.; PAULUS, M.

Originální název

Billateral Trade with Multilateral Resistance Terms: Analysis of Gravity Equation

Anglický název

Billateral Trade with Multilateral Resistance Terms: Analysis of Gravity Equation

Druh

Stať ve sborníku v databázi WoS či Scopus

Originální abstrakt

In this paper we include a multilateral resistance term to the gravity model and we estimate parameters of gravity model of trade between different countries. To solve this problem we cover 134 countries and period between 2006 and 2014. A traditional approach is to estimate panel data by fixed effects. Instead of this it is recommended to use Taylor approximation. We employ two different forms of Taylor approximation and we estimated regression model of bilateral trade by Pseudo Poisson Maximum Likelihood method.

Anglický abstrakt

In this paper we include a multilateral resistance term to the gravity model and we estimate parameters of gravity model of trade between different countries. To solve this problem we cover 134 countries and period between 2006 and 2014. A traditional approach is to estimate panel data by fixed effects. Instead of this it is recommended to use Taylor approximation. We employ two different forms of Taylor approximation and we estimated regression model of bilateral trade by Pseudo Poisson Maximum Likelihood method.

Klíčová slova

billateral trade; multilateral resistance term; Taylor approximation; gravity model

Klíčová slova v angličtině

billateral trade; multilateral resistance term; Taylor approximation; gravity model

Autoři

MICHALÍKOVÁ, E.; PAULUS, M.

Rok RIV

2016

Vydáno

11.11.2015

ISBN

978-0-9860419-5-2

Kniha

26th International-Business-Information-Management-Association Conference

Strany od

1

Strany do

8

Strany počet

8

BibTex

@inproceedings{BUT121671,
  author="Eva {Michalíková} and Michal {Paulus}",
  title="Billateral Trade with Multilateral Resistance Terms: Analysis of Gravity Equation",
  booktitle="26th International-Business-Information-Management-Association Conference",
  year="2015",
  pages="1--8",
  isbn="978-0-9860419-5-2"
}