This bachelor thesis aims to estimate Sweden’s export potential towards South-Korea since initial data indicates that Sweden has from 1997 up until 2005 been exporting less to South-Korea when compared to, in general, OECD. Furthermore, South-Korea seems to be a low prioritized market for Swedish firms in the East-Asian region. As many before us, we have used a basic gravity model, including GDP and distance in kilometer has been used as explanatory variables for the observed trade value. The dummy variable land-locked, to estimate trade potential for 15 commodity groups. Sweden was set to be the exporting country, South-Korea the importing country together with all the other OECD members, which were used as points of reference. The outcome of the gravity regression shows that distance and the dummy variable landlocked (if a country does not have access to open water) have a very strong relationship to the observed export data. However, GDP was proven to have a very weak relationship to the observed export data thus making the estimation process of trade potential for all, except one, commodity group biased. The gravity model has been widely criticized for inflating export potential due to misspecification a problem that we experienced when running our regression. Thus, from this study no strong conclusions can be drawn concerning the trade potential from Sweden to South-Korea.

This thesis examines the bilateral trade between Vietnam and twenty three European countries based on a gravity model and panel data for years 1993 to 2004. Estimates indicate that economic size, market size and real exchange rate of Vietnam and twenty three European countries play major role in bilateral trade between Vietnam and these countries. Distance and history, however, do not seem to drive the bilateral trade. The results of gravity model are also applied to calculate the trade potential between Vietnam and twenty three European countries. It shows that Vietnam’s trade with twenty three European countries has considerable room for growth.

<p>This bachelor thesis aims to estimate Sweden’s export potential towards South-Korea since initial data indicates that Sweden has from 1997 up until 2005 been exporting less to South-Korea when compared to, in general, OECD. Furthermore, South-Korea seems to be a low prioritized market for Swedish firms in the East-Asian region. As many before us, we have used a basic gravity model, including GDP and distance in kilometer has been used as explanatory variables for the observed trade value. The dummy variable land-locked, to estimate trade potential for 15 commodity groups. Sweden was set to be the exporting country, South-Korea the importing country together with all the other OECD members, which were used as points of reference.</p><p>The outcome of the gravity regression shows that distance and the dummy variable landlocked (if a country does not have access to open water) have a very strong relationship to the observed export data. However, GDP was proven to have a very weak relationship to the observed export data thus making the estimation process of trade potential for all, except one, commodity group biased.</p><p>The gravity model has been widely criticized for inflating export potential due to misspecification a problem that we experienced when running our regression. Thus, from this study no strong conclusions can be drawn concerning the trade potential from Sweden to South-Korea.</p>

The thesis tries to investigate which impact the new Silk Road announced 2013 by the Chinese president has on EU-China trade potentials. The so called OBOR initiative is an infrastructure project that aims to promote trade facilitation along the ancient Silk Road. The initiative includes more than 60 countries. The gravity model of trade will be applied to run a simulation exercise to estimate trade potentials from the EU to China and vice versa. The results suggest that China can increase its trade potential to the EU. Among the EU countries there are winners and losers. Those countries which participate in the initiative will benefit from an increased trade potential others will lose trade potential.

This study applies the gravity trade model to assess South Africa-Angola trade potential in the agricultural sector. A step-by-step example of the model's empirical implementation is also provided. It is found that the gravity model, with foundations in the physical sciences, is a useful instrument for the analysis of bilateral trade flows. A panel data analysis is used to disentangle the time invariant country-specific effects and to capture the relationships between the relevant variables over time. The study also finds that the fixed effects model is to be preferred to the random effects gravity model. Furthermore, a number of variables, namely, size of the economies, the oil price and exchange rates added to the standard gravity equation, are found to be important determinants of bilateral trade flows. Overall, the simulation results indicate that there is a potential for trade in the agricultural sector between these two countries. / Thesis (M.Com. (Economics))--North-West University, Potchefstroom Campus, 2008.

This study applies the gravity trade model to assess South Africa-Angola trade potential in the agricultural sector. A step-by-step example of the model's empirical implementation is also provided. It is found that the gravity model, with foundations in the physical sciences, is a useful instrument for the analysis of bilateral trade flows. A panel data analysis is used to disentangle the time invariant country-specific effects and to capture the relationships between the relevant variables over time. The study also finds that the fixed effects model is to be preferred to the random effects gravity model. Furthermore, a number of variables, namely, size of the economies, the oil price and exchange rates added to the standard gravity equation, are found to be important determinants of bilateral trade flows. Overall, the simulation results indicate that there is a potential for trade in the agricultural sector between these two countries. / Thesis (M.Com. (Economics))--North-West University, Potchefstroom Campus, 2008.

The goal of the following paper is to analyse the trade potential for Central and Eastern Europe (CEE) and China in the trade of food products. Even though the trade in food products is comparably low, there are several reasons why it is worth a deeper analysis. Food security is having an important role in the Chinese domestic politics. Due to environmental, socio- economic and demographic changes, China cannot be self-sufficient and is therefore dependent on food imports. Since the introduction of the One Belt One Road Initiative and the 16+1 framework, China aims to improve the cooperation and trade in food commodities with participating countries. CEE can be a reliable partner because it produces high quality products with comparative advantages. With the help of the Gravity Model, the effects of the 16+1 framework was estimated, as well as the trade potential. Following the results, the introduction of the 16+1 framework has a positive and significant effect on agricultural trade between CEE and China. However, only five countries have potential to increase their food exports to China, while the remaining eleven already exceed their food exports. China on the other hand, is exporting below its potential in most of the cases.

La présente thèse étudie l'importance des coûts non-traditionnels liés à l'échange en mettant l'accent sur les institutions nationales et sur les réseaux transfrontaliers sociaux et d'affaires. Au-delà de la nécessité d'identifier les coûts non-traditionnels, la question se pose également de les quantifier afin de pouvoir estimer la création de commerce associée à leur réduction et de formuler des recommandations précises en termes de politique économique. Les institutions et les réseaux augmentent la sécurité et assurent l'application des clauses contractuelles dans les transactions internationales, fournissent des contacts et des informations sur les partenaires potentiels étrangers, fait qui implique des coûts liés à l'échange inférieurs et moins d'incertitude dans les échanges internationaux. On montre que les potentiels de commerce sont généralement sous-estimés dans la littérature : l'intégration économique régionale peut créer beaucoup plus de commerce que l'on estime traditionnellement, et même quand la réduction totale des barrières aux échanges est achevée. L'amélioration et l'harmonisation des cadres institutionnels peuvent générer autant de commerce international que la libéralisation commerciale. Les réseaux sociaux favorisent l'échange par l'intermédiaire de liens ethniques, linguistiques etc. communs, mais aussi du à l'information et aux préférences acquises par la consommation des biens culturels d'origine étrangère. Les réseaux d'affaires sont illustrés par des associations de migrants et ont un effet positif sur le commerce plus fort que celui des réseaux sociaux.

Yes / This paper uses a new measure of international trade, i.e. the international trade potential index, to measure the welfare gains from trade across countries. The measure is based on the import shares of countries in their gross domestic products. It is observed that gains from international trade are low in prosperous economies, but they are larger in poorer economies. Then, the paper investigates the impact of the index of international trade potential on renewable energy consumption in the unbalanced panel dataset of 36 Organisation for Economic Co-operation and Development member countries from 1966 to 2016. The novel evidence is that international trade potential is positively related to renewable energy consumption. It is also found that per capita income, per capita carbon dioxide emissions, and energy prices increase the demand for renewable energy. / The authors acknowledge the financial support from the Philosophy & Social Science Fund of Tianjin City, China (Award #: TJYJ20-012).

The main purpose of this dissertation is to explore the trade potentials between Central and Eastern Europe countries and China. According to the collected information and data, this dissertation believes that although there are some shortcomings in the trade between CEE countries and China, CEE countries' trade potentials with China are relatively high. This is because, on the one hand, by observing the trend of the trade development in the past ten years, it could be found that the trade scale between CEE countries and China has been continuously increasing. Combined with the trade competitiveness and trade complementarity between CEE countries and China, this dissertation believes that the practical basis for trade cooperation between CEE countries and China is relatively strong. For example, Latvia has an obvious competitive advantage and trade complementarity in crude materials, inedible, except fuels (SITC 2). On the other hand, according to the trade potential ratios calculated by the trade gravity model, the overall trade potential ratios between CEE countries and China are not significantly high, which suggests that CEE countries and China still have strong trade potentials in export and import trade. Keywords: Central and Eastern Europe countries, China, trade potential, trade gravity...