Determinants of global coffee trade: Do RTAs matter? Gravity model analysis

The Gravity Model and Iran's Trade Flows

This article has considered the volume and direction of Iran’s trade using the gravity model. The major issue in this analysis is to explore why Iran over or under-traded with the 76 countries relative to the predicted trade flows of the model. The study attempts to explore the reasons from the respect of both the model itself and Iran’s trade structure. This is done by analysing the performanc...

Consolidation and Harmonization of Regional Trade Agreements (RTAs): A Path Toward Global Free Trade

Some economists worry about the ‘spaghetti bowl phenomenon’ expected from proliferating regional trade agreements (RTAs). In particular, the complicated web of hub-and-spoke type of overlapping free trade agreements (FTAs) can result in high costs for verifying rules of origin (RoO) and trade diversion or suppression effects. This explains why almost half of the RTAs notified to the General Agr...

A Panel Data Analysis of South Korea’s Trade with OPEC Member Countries: The Gravity Model Approach

Abstract T his paper explains bilateral trade patterns between South Korea and thirteen OPEC member countries over the period 1980-2014 using a gravity model. The estimation results show that the gravity equation fits the data reasonably well. We confirmed the existence of long term relationships between the bilateral trade flows and the main components of gravity model - ...

Free Trade Agreement between Tunisia and the European Union, Do Institutions Matter?: an Empirical Validation by a Gravity Model

Global Climate Change, Fair Trade, and Coffee Price Volatility

Fair Trade coffee sales have grown exponentially over the past fifteen years amidst a volatile and shaky coffee commodity market. This paper incorporates the prior research that global climate change will lead to more climate shocks with research on the coffee market’s volatility and farmer welfare. In accordance with prior research on commodity volatility, I develop an OLS estimator of the vol...