Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/270711 
Year of Publication: 
2019
Citation: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 7 [Issue:] 1 [Article No.:] 1703440 [Year:] 2019 [Pages:] 1-13
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
The study aimed to empirically analyse GCC's trade patterns based on the gravity model. Gravity model is derived from physics and is used to explain the bilateral flow of trade determined by GDP per capita, population, and distance. It is assumed that trade flow between the two countries is positively related to their economic size and population. The gravity model has been analysed in six developed countries concerning trade with GCC countries from 2001 to 2012. The study concluded that GDP per capita and population for GCC and destination countries was significant. It also suggests that the trade barriers among the countries must be eradicated for better trade flow.
Subjects: 
Developed countries
GCC countries
gravity model analysis
trade
JEL: 
F1
F3
F5
O2
O5
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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