A Sensitivity Analysis of the Gravity Model PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A Sensitivity Analysis of the Gravity Model PDF full book. Access full book title A Sensitivity Analysis of the Gravity Model by Steven Yamarik. Download full books in PDF and EPUB format.
Author: Steven Yamarik
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
In this paper, we examine the robustness of variables used in the gravity model literature. We use a variant of Leamer's extreme-bounds analysis, which tracks the sign and significance level of the variable of interest to changes in the conditioning set of variables. Of the 47 variables investigated, we find 20 variables measuring level of development, trade policy, linguistic and colonial ties, geographic factors, relative population density, common currency, and membership in the Central American Common Market (CACM), Caribbean Community (Caricom), Mercado Común del Sur (Mercosur), Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) and Asian Pacific Economic Cooperation (APEC) are robustly linked to trade. As a result, this study provides researchers with a suitable starting point in which to examine new potential determinants of international trade.
Author: Steven Yamarik
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
In this paper, we examine the robustness of variables used in the gravity model literature. We use a variant of Leamer's extreme-bounds analysis, which tracks the sign and significance level of the variable of interest to changes in the conditioning set of variables. Of the 47 variables investigated, we find 20 variables measuring level of development, trade policy, linguistic and colonial ties, geographic factors, relative population density, common currency, and membership in the Central American Common Market (CACM), Caribbean Community (Caricom), Mercado Común del Sur (Mercosur), Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) and Asian Pacific Economic Cooperation (APEC) are robustly linked to trade. As a result, this study provides researchers with a suitable starting point in which to examine new potential determinants of international trade.
Author: Francis Jensen
Publisher: Montréal : Université de Montréal, Centre de recherche sur les transports
ISBN:
Category : Traffic engineering
Languages : en
Pages : 46
Get Book Here
Book Description
Author: Nancy L. Nihan
Publisher:
ISBN:
Category : Traffic engineering
Languages : en
Pages : 268
Get Book Here
Book Description
Author: Rong Xu
Publisher:
ISBN:
Category : Nonlinear systems
Languages : en
Pages : 256
Get Book Here
Book Description
Author: Andrea Saltelli
Publisher: John Wiley & Sons
ISBN: 047087094X
Category : Mathematics
Languages : en
Pages : 232
Get Book Here
Book Description
Sensitivity analysis should be considered a pre-requisite for statistical model building in any scientific discipline where modelling takes place. For a non-expert, choosing the method of analysis for their model is complex, and depends on a number of factors. This book guides the non-expert through their problem in order to enable them to choose and apply the most appropriate method. It offers a review of the state-of-the-art in sensitivity analysis, and is suitable for a wide range of practitioners. It is focussed on the use of SIMLAB – a widely distributed freely-available sensitivity analysis software package developed by the authors – for solving problems in sensitivity analysis of statistical models. Other key features: Provides an accessible overview of the current most widely used methods for sensitivity analysis. Opens with a detailed worked example to explain the motivation behind the book. Includes a range of examples to help illustrate the concepts discussed. Focuses on implementation of the methods in the software SIMLAB - a freely-available sensitivity analysis software package developed by the authors. Contains a large number of references to sources for further reading. Authored by the leading authorities on sensitivity analysis.
Author: Peter A. G. van Bergeijk
Publisher: Cambridge University Press
ISBN: 1139488287
Category : Business & Economics
Languages : en
Pages : 373
Get Book Here
Book Description
How do borders affect trade? Are cultural and institutional differences important for trade? Is environmental policy relevant to trade? How does one's income or wage relate to the fact that trade partners are nearby or far away? These are just some of the important questions that can be answered using the gravity model of international trade. This model predicts and explains bilateral trade flows in terms of the economic size and distance between trading partners (e.g. states, regions, countries, trading blocs). In recent years, there has been a surge of interest in this model and it is now one of the most widely applied tools in applied international economics. This book traces the history of the gravity model and takes stock of recent methodological and theoretical advances, including new approximations for multilateral trade resistance, insightful analyses of the measurement of economic distance and analyses of foreign direct investment.
Author: F. J. Lerch
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Get Book Here
Book Description
Author: Sven Erlander
Publisher: VSP
ISBN: 9789067640893
Category : Transportation
Languages : en
Pages : 252
Get Book Here
Book Description
Analisi: TRASPORTI. In generale. ECONOMETRIA. Econometria applicata.
Author: Andrea Saltelli
Publisher: John Wiley & Sons
ISBN: 9780470725177
Category : Mathematics
Languages : en
Pages : 304
Get Book Here
Book Description
Complex mathematical and computational models are used in all areas of society and technology and yet model based science is increasingly contested or refuted, especially when models are applied to controversial themes in domains such as health, the environment or the economy. More stringent standards of proofs are demanded from model-based numbers, especially when these numbers represent potential financial losses, threats to human health or the state of the environment. Quantitative sensitivity analysis is generally agreed to be one such standard. Mathematical models are good at mapping assumptions into inferences. A modeller makes assumptions about laws pertaining to the system, about its status and a plethora of other, often arcane, system variables and internal model settings. To what extent can we rely on the model-based inference when most of these assumptions are fraught with uncertainties? Global Sensitivity Analysis offers an accessible treatment of such problems via quantitative sensitivity analysis, beginning with the first principles and guiding the reader through the full range of recommended practices with a rich set of solved exercises. The text explains the motivation for sensitivity analysis, reviews the required statistical concepts, and provides a guide to potential applications. The book: Provides a self-contained treatment of the subject, allowing readers to learn and practice global sensitivity analysis without further materials. Presents ways to frame the analysis, interpret its results, and avoid potential pitfalls. Features numerous exercises and solved problems to help illustrate the applications. Is authored by leading sensitivity analysis practitioners, combining a range of disciplinary backgrounds. Postgraduate students and practitioners in a wide range of subjects, including statistics, mathematics, engineering, physics, chemistry, environmental sciences, biology, toxicology, actuarial sciences, and econometrics will find much of use here. This book will prove equally valuable to engineers working on risk analysis and to financial analysts concerned with pricing and hedging.
Author: Céline Scheidt
Publisher: John Wiley & Sons
ISBN: 1119325838
Category : Science
Languages : en
Pages : 306
Get Book Here
Book Description
Under the Earth's surface is a rich array of geological resources, many with potential use to humankind. However, extracting and harnessing them comes with enormous uncertainties, high costs, and considerable risks. The valuation of subsurface resources involves assessing discordant factors to produce a decision model that is functional and sustainable. This volume provides real-world examples relating to oilfields, geothermal systems, contaminated sites, and aquifer recharge. Volume highlights include: A multi-disciplinary treatment of uncertainty quantification Case studies with actual data that will appeal to methodology developers A Bayesian evidential learning framework that reduces computation and modeling time Quantifying Uncertainty in Subsurface Systems is a multidisciplinary volume that brings together five major fields: information science, decision science, geosciences, data science and computer science. It will appeal to both students and practitioners, and be a valuable resource for geoscientists, engineers and applied mathematicians. Read the Editors' Vox: eos.org/editors-vox/quantifying-uncertainty-about-earths-resources
