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The Impact of Competitiveness on Trade Efficiency: The Asian Experience by Using the Stochastic Frontier Gravity Model     
Yazarlar (3)
Doç. Dr. Memduh Alper DEMİR Doç. Dr. Memduh Alper DEMİR
Kastamonu Üniversitesi, Türkiye
Mustafa Bilik
Hitit Üniversitesi, Türkiye
Utku Utkulu
Dokuz Eylül Üniversitesi, Türkiye
Devamını Göster
Özet
The purpose of this study is to examine the bilateral machinery and transport equipment trade efficiency of selected fourteen Asian countries by applying stochastic frontier gravity model. These selected countries have the top machinery and transport equipment trade (both export and import) volumes in Asia. The model we use includes variables such as income, market size of trading partners, distance, common culture, common border, common language and global economic crisis similar to earlier studies using the stochastic frontier gravity models. Our work, however, includes an extra variable called normalized revealed comparative advantage (NRCA) index additionally. The NRCA index is comparable across commodity, country and time. Thus, the NRCA index is calculated and then included in our stochastic frontier gravity model to see the impact of competitiveness (here measured by the NRCA index) on the efficiency of trade.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayınlanan tam makale
Dergi Adı Eurasian Journal of Economics and Finance
Dergi ISSN 2148-0192
Dergi Tarandığı Indeksler EconLit, Ulrich s Periodicals Directory, Google Scholar, ECONIS, CrossRef, Directory of Research Journals Indexing, Open Academic Journals Index, SHERPA/Romeo, EZB - Electronic Journals Library, Global Impact Factor, WorldCat, J-Gate, CiteFactor, NewJour, DOAJ, RePec
Makale Dili İngilizce
Basım Tarihi 12-2017
Cilt No 5
Sayı 4
Sayfalar 1 / 15
Doi Numarası 10.15604/ejef.2017.05.04.001
Makale Linki https://www.researchgate.net/publication/322251737_THE_IMPACT_OF_COMPETITIVENESS_ON_TRADE_EFFICIENCY_THE_ASIAN_EXPERIENCE_BY_USING_THE_STOCHASTIC_FRONTIER_GRAVITY_MODEL