The Gravity Model in International Trade: Advances and Applications

van Bergeijk, P.A.G. and Brakman, S. (eds)

ISBN 10: 0521196159 / ISBN 13: 9780521196154

Published by Cambridge University Press, 2010

About this Item

This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains highlighter markings. In poor condition, suitable as a reading copy. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,850grams, ISBN:9780521196154.

Seller Inventory # 9840286

Bibliographic Details

• Title: The Gravity Model in International Trade: Advances and Applications
• Publisher: Cambridge University Press
• Publication Date: 2010
• Language: English
• ISBN 10: 0521196159
• ISBN 13: 9780521196154
• Binding: Hardcover
• Condition: Poor
• Weight: 850 grams
• Seller catalogs:
  • Economics

About this title

Synopsis

How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.

About the Authors

Steven Brakman is Professor of Economics at the University of Groningen, The Netherlands. His most recent book is the The New Introduction to Geographical Economics (Cambridge University Press, 2009), co-authored with Harry Garretsen and Charles Van Marrewijk.

Peter van Bergeijk is Professor of International Economics and Macroeconomics at the Institute of Social Studies, The Hague. He is also Deputy Director of CERES, the coordinating body for development economics research in the Netherlands. His most recent book is A Wealth of Creations (2007), co-edited with Gerrit Faber and Norine Maniran.