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369 The Asian Journal of Shipping and Logistics Volume 28 Number 3 December 2012 pp. 369-390 Seaborne Trade between Developed and Developing Countries* ** Contents Abstract

Seaborne Trade between Developed and Developing Countries

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369

Seaborne Trade between Developed and Developing CountriesThe Asian Journal of Shipping and Logistics Volume 28 Number 3 December 2012 pp. 369-390

Seaborne Trade between Developedand Developing Countries*

**

Contents

Abstract

370

Seaborne Trade between Developed and Developing Countries

I. Introduction

371

Seaborne Trade between Developed and Developing Countries

II. Literature Review

372

Seaborne Trade between Developed and Developing Countries

gravitation is here (social phenomena), as everywhere else in the material world, in the direct ration of the mass and in the inverse one of the distance

bilateral trade is positively related to the joint GDP of the partner countries and negatively related to the distance between them

373

Seaborne Trade between Developed and Developing Countries

III. Grain Trade Flow Models

1. Traditional gravity model

374

Seaborne Trade between Developed and Developing Countries

ijt

ijtY i j t

GDP

GDPPCPOPEXCHAREADIST

375

Seaborne Trade between Developed and Developing Countries

376

Seaborne Trade between Developed and Developing Countries

2. Gravity model of New Trade Theory

377

Seaborne Trade between Developed and Developing Countries

3. Data

TRADE

i jj

i

Centre d’Etudes Prospectives et

378

Seaborne Trade between Developed and Developing Countries

d’Informations Internationales

the World Bank

GDPGDPPC

IV. Results and Discussion

Adjusted R squared

Adjusted R Squared

R

379

Seaborne Trade between Developed and Developing Countries

SquaredAdjusted R Squared

380

Seaborne Trade between Developed and Developing Countries

381

Seaborne Trade between Developed and Developing Countries

V. Conclusion

382

Seaborne Trade between Developed and Developing Countries

Acknowledgements

383

Seaborne Trade between Developed and Developing Countries

References

The American Economic Review

Economic Systems

Transportation Research Part E

Review of International Economics

Palgrave Handbook of International Trade

Journal of International Economics

The Principles of Social Science,

Journal of International Economics

The Shape of a Swiss-US Free Trade Agreement

Transportation Research Part E

Flying Off Course: The Economics of International Airlines

Economics Letter

384

Seaborne Trade between Developed and Developing Countries

Journal of Political Economy

Regionalism in world agricultural trade: Lessons from gravity model estimation,

Agriculture Economics

American Journal of Agricultural Economics

Journal of Futures Markets

Journal of Air Law and commerce

Canadian Journal of Agricultural Economics

Quarterly Journal of Economics

International Journal of Maritime Economics

Zeitschrift für Eisenbahnen und Dampfschiffahrt der Öterreichisch-Ungarischen Monarchie

Journal of Asian Economics

International Economics

NBER Working Paper

Impacts of Technical Regulations on Agricultural Trade – A Gravity Model Approach

385

Seaborne Trade between Developed and Developing Countries

Journal of Transport Economics and Policy

386

Seaborne Trade between Developed and Developing Countries

387

Seaborne Trade between Developed and Developing Countries

Dependent variable

Explanatory variables

388

Seaborne Trade between Developed and Developing Countries

389

Seaborne Trade between Developed and Developing Countries