Determinants of bilateral trade relations between Cameroon and her top trading partners
- 주제(키워드) International trade
- 발행기관 아주대학교
- 지도교수 Professor HanSung Kim
- 발행년도 2018
- 학위수여년월 2018. 2
- 학위명 석사
- 학과 국제대학원 국제통상학과
- 실제URI http://www.dcollection.net/handler/ajou/000000026140
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
The aim of this work is to investigate the determinants of bilateral trade flows between Cameroon and her top trading partners by considering trade data from 1995-2015. To do this we employ the augmented gravity model approach and panel estimation techniques which by its very usage provide theoretical justification for the Gravity model of trade. Our results reveal that Cameroon’s bilateral trade is affected positively by the size of its economy and that of its trading partner in terms of GDP, size of the market in terms of Population, and membership to common free trade agreements. Our results further reveal that transport cost proxied by distance negatively affects bilateral trade flows. Again we realize that levels of per capita income and resource endowments are not determinants of trade relations between Cameroon and her trading partners. Finally common language does not influence trade negatively or positively between trading partners for the case of Cameroon. The results provide important insights as to which direction Trade policies should take in order to take advantage of the country’s trade potential and hence increase economic growth and development.
more목차
CHAPTER 1: INTRODUCTION
1.1Background………………………………………………………1
1.2 Problem statement…………………………………………………5
1.3 Objectives of the study……………………………………………7
1.4 Hypothesis…………………………………………………………7
CHAPTER 2: LITERATURE REVIEW
2.1 Review of theoretical Literature…………………………………8
2.1.1 Theories on why Countries Trade………………………………8
2.1.2 Gravity Model and its Evolution………………………………12
2.1.2.1 Theoretical Justification of Gravity Model…………………13
2.2 Empirical Literature review……………………………………17
CHAPTER 3: DATA AND METHODOLOGY
3.1 Data and sample size……………………………………………26
3.2 Methodology and selected model………………………………27
CHAPTER 4: PRESENTATION OF RESULTS AND ANALYSIS OF FINDINGS
4.1 Presentation or results and analysis of findings…………………31
CHAPTER 5: CONCLUSION AND RECOMMENDATIONS
5.1 Conclusion………………………………………………………37
5.2 Policy Recommendations and suggestions for future research……38
REFERENCES…………………………………………………………40
APPENDIX………………………………………………………………42
