Record Details

Measuring economic potential via the gravity model of trade

Philippine Review of Economics

View Archive Info
 
 
Field Value
 
Title Measuring economic potential via the gravity model of trade
 
Creator Beronilla, Nikkin; National Anti-Poverty Commission
Esguerra, Patrocinio Jude; National Anti-Poverty Commission
Ocampo, Jamir; National Anti-Poverty Commission
 
Subject gravity model of trade, Poisson regression, economic potential for growth
 
Description Trade is a good gauge of economic activity. Given the economic and geographical attributes of a place, one can assess the likely levels of trading activity, and this may be used as an indicator of the relative economic potential among the areas. However, trade estimates are available only at the regional level of disaggregation, despite the fact that planning by local governments and even by line agencies of the central government happens mostly at the sub-regional level. In this research, we fill this data gap by estimating trade at town or city level via a gravity model of trade. Normally sub-regional trade is estimated using Ordinary Least Regression, but this research uses Poisson Regression which is better at handling zero trade values without transformation. The research results have been applied by a number of government agencies in their respective programs.JEL classification : C01, F17
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 2016-11-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/937
 
Source Philippine Review of Economics; Vol 53, No 1 (2016); 87-96
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/937/838
 
Rights Copyright (c) 2018 Philippine Review of Economics