RWANDA’S REGIONAL TRADE PERFORMANCE : A CASE OF THE EAC, ECCAS AND COMESA
- 주제(키워드) Trade Performance , Panel Data , Gravity Model , Fixed Effects and Random Effects.
- 발행기관 아주대학교
- 지도교수 Kim, Han Sung
- 발행년도 2018
- 학위수여년월 2018. 2
- 학위명 석사
- 학과 국제대학원 국제통상학과
- 실제URI http://www.dcollection.net/handler/ajou/000000026696
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
The objective of this thesis was to determine the trade performance of Rwanda within the blocs where it belongs, namely; EAC, ECCAS, and COMESA. Gravity model was applied to analyze the determinants that influence Rwanda’s trade flows, 16 member countries of the fore mentioned blocs were considered using panel data from 2007- 2016. The major determinants of bilateral trade were: GDP, Population, Distance, Real exchange rate, EAC, COMESA. The study showed a mixture of negative and positive impacts on the bilateral trade flows. Diagnostic tests were also conducted to check the data for estimation and the three methods of estimating panel data were we used which are Pooled OLS, Fixed Effects Model, Random Effects Model as well as Panel Corrected Standard Error to correct the problem of correlation between the explanatory variables. The results indicate that the GDP of the partner countries, Rwanda’s population had a positive impact on the bilateral trade flows while bilateral distance was negative and significant as per the model theory and literature. The population of trade partners showed a negative sign and significant effect on the bilateral trade. The estimates show that the EAC and COMESA had positive effect on the bilateral trade with Rwanda while ECCAS had a negative sign with an insignificant impact.
more목차
1. CHAPTER ONE: INTRODUCTION 1
1.1 Background of the study 1
1.2 Statement of Problem / Motivation 12
1.3 Objectives of the study 13
1.4 Research question 13
1.5 Structure of the thesis 13
2. CHAPTER TWO: REVIEW OF LITERATURE 14
2.1 Theoretical frame for international trade 14
2.2 Review of the development of gravity model 15
3. CHAPTER THREE: METHODOLOGY AND DATA 20
3.1 Methodology 20
3.1.1 Basis of Gravity Model 20
3.1.2 Model Specification 22
3.2 Data 24
3.3 The estimation of the panel data 25
4. CHAPTER FOUR: ANALYSIS AND DISCUSSIONS 28
5. CHAPTER FIVE: CONCLUSION AND RECOMMENDATIONS 33
5. 1 Conclusion 33
5. 2 Recommendation 34
REFERENCE 35
