期刊名称:Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN:1689-765X
电子版ISSN:2353-3293
出版年度:2012
卷号:7
期号:2
页码:7-19
DOI:10.12775/EQUIL.2012.008
语种:English
出版社:Institute of Economic Research
摘要:In this paper we study the impact of social development on international trade in Central and Eastern Europe using the generalized gravity model. Many previous empirical studies which explored the determinants of trade flows, concen trated only on traditional gravity variables, such as the size of trading partners, factor abundance, technology differences or distance. In our study, in addition to the standard set of gravity variables, we examine the role of aggregate social develop_x005f?ment indicators such as Human Development Index and its components. Our results show that both aggregate and disaggregate measures of social development affect the volume of international trade flows. In particular, the education indexes seem to be positively related to bilateral trade flows.
关键词:social development indices; bilateral trade flows