Has the East African Community Regional Trade Agreement Created or Diverted Trade? A 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...

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 - ...

Gravity Model: An Application to Trade between Iran and Regional Blocs

ECO and Regional Trade

Economic Cooperation Organization (ECO), based on regional and multicultural cooperation, has focused on the improvement of living standards, collective as well as individual prosperity of people and economic development of member’s states. Since February 1992 ECO has been expanded to ten as the result of collapse of the Soviet Union. Of course, gas and oil are very important factors in this re...

Review of Significant Trade East African Aloes

There are approximately 360 species and subspecies in the succulent plant genus Aloe, distributed in Africa, the Arabian Peninsula and certain islands of the Indian Ocean. In East Africa, as defined for this review there are nearly 200 taxa, many of which are naturally rare and confined to specific habitats. The sap of certain Aloes has medicinal or cosmetic applications and has been traded int...