Resource title

Exports under the Flicker of the Northern Lights

Resource image

image for OpenScout resource :: Exports under the Flicker of the Northern Lights

Resource description

Picture a small open economy in the North Atlantic Ocean, highly dependent on trade with the EU and NAFTA. How important are these trading blocs to the country's exports? How important is the country's location and size, and how do these affect the export sectors? A unique version of the gravity model is applied here using an inverse hyperbolic sine function. Typically, the export volume is significantly impacted by the economic size of the exporting country, but in this case it is not. This suggests that the exports from small remote economies are driven by different factors than exports from large conomies.

Resource author

Helga Kristjánsdóttir

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/17989

Resource license

Adapt according to the presented license agreement and reference the original author.