INTERNAL FACTORS AS DETERMINANTS OF COMPETITIVENESS IN INTERNATIONAL TRADE: A GRAVITY APPROACH
DOI:
https://doi.org/10.22456/2176-5456.39299Keywords:
International trade, Competitiveness indicators, Gravitational modelsAbstract
The consideration of internal factors, besides the variables of the border has increasing relevance in studies of international trade. Therefore, we propose an expanded definition of trade facilitation, which allows to evaluate the contribution of competitiveness indicators internal of nations on international trade flows. The aim of this study was to identify and analyze the effects of indicators of relative competitiveness of countries on bilateral trade flows. The indicators were considered: economic performance, government efficiency, business efficiency and infrastructure of different nations. Gravity equations with trade data of 59 countries in the period 1997 to 2011 were adjusted. Overall, the results were robust and, in particular, demonstrated that the level of business efficiency indicates a greater impact on trade compared to other indicators.Downloads
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Published
2015-09-01
How to Cite
Paula, J. S. de, & Silva, O. M. da. (2015). INTERNAL FACTORS AS DETERMINANTS OF COMPETITIVENESS IN INTERNATIONAL TRADE: A GRAVITY APPROACH. Análise Econômica, 33(64). https://doi.org/10.22456/2176-5456.39299
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