A Gravity Model for Exports from Iceland

This paper applies a gravity model to examine the determinants of Icelandic exports. The model specifications tested allow for sector and trade bloc estimation. Also, a combination of an export ratio and a gravity model is tested, as well as marine product subsamples. The estimates are based on pane...

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Main Author: Helga Kristjánsdóttir
Format: Report
Language:unknown
Subjects:
Online Access:http://www.econ.ku.dk/cam/wp0910/wp0406/2005-14.pdf/
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spelling ftrepec:oai:RePEc:kud:kuieca:2005_14 2024-04-14T08:13:31+00:00 A Gravity Model for Exports from Iceland Helga Kristjánsdóttir http://www.econ.ku.dk/cam/wp0910/wp0406/2005-14.pdf/ unknown http://www.econ.ku.dk/cam/wp0910/wp0406/2005-14.pdf/ preprint ftrepec 2024-03-19T10:25:32Z This paper applies a gravity model to examine the determinants of Icelandic exports. The model specifications tested allow for sector and trade bloc estimation. Also, a combination of an export ratio and a gravity model is tested, as well as marine product subsamples. The estimates are based on panel data on exports from 4 sectors, to 16 countries, over a period of 11 years. Estimates indicate that the size and wealth of Iceland does not seem to matter much for the volume of exports, not even when correted for the country’s small size. Finally, results indicate that trade bloc and sector effects matter and that marine products vary considerable in their sensitivity to distance and country factors. export; gravity model Report Iceland RePEc (Research Papers in Economics)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description This paper applies a gravity model to examine the determinants of Icelandic exports. The model specifications tested allow for sector and trade bloc estimation. Also, a combination of an export ratio and a gravity model is tested, as well as marine product subsamples. The estimates are based on panel data on exports from 4 sectors, to 16 countries, over a period of 11 years. Estimates indicate that the size and wealth of Iceland does not seem to matter much for the volume of exports, not even when correted for the country’s small size. Finally, results indicate that trade bloc and sector effects matter and that marine products vary considerable in their sensitivity to distance and country factors. export; gravity model
format Report
author Helga Kristjánsdóttir
spellingShingle Helga Kristjánsdóttir
A Gravity Model for Exports from Iceland
author_facet Helga Kristjánsdóttir
author_sort Helga Kristjánsdóttir
title A Gravity Model for Exports from Iceland
title_short A Gravity Model for Exports from Iceland
title_full A Gravity Model for Exports from Iceland
title_fullStr A Gravity Model for Exports from Iceland
title_full_unstemmed A Gravity Model for Exports from Iceland
title_sort gravity model for exports from iceland
url http://www.econ.ku.dk/cam/wp0910/wp0406/2005-14.pdf/
genre Iceland
genre_facet Iceland
op_relation http://www.econ.ku.dk/cam/wp0910/wp0406/2005-14.pdf/
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