a gravity model approach - African Econometric Society

More documents

Recommendations

Info

Table 2. Second stage regression resultsDependent variable: individual effectsExplanatory variablesCoefficient (t-statistics)Border 3.224 (16.448)***Distance -0.140 (-40.240)***EU 3.896 (122.851)***SADC 0.814 (2.75)**Adjusted R-squared 0.988***/** Significant at 1%/5% level.6. Potential ExportsThe estimated fixed effects <strong>model</strong> of Equation (5) is solved in order to determine thewithin sample potential exports of Namibia (see Eita and Jordaan, 2007). Potentialexports are compared to actual exports in to determine if there is unexploited exportpotential. Figure 1 presents potential and actual exports. There is unexploited exportpotential to among others, Australia, Belgium, Kenya, Mauritius, Netherlands, Portugal,South Africa, Switzerland and the United Kingdom.Figure 1. Trade Potential (in USA dollars)AustraliaBelgium1600000045000000140000004000000012000000350000001000000030000000800000060000004000000200000002500000020000000150000001000000050000000199819992000200120022003200420052006ActualPotentialActualPotential
KenyaMauritius160000014000001200000100000080000060000040000020000009000008000007000006000005000004000003000002000001000001998199920002001200220032004200520060199819992000200120022003200420052006ActualPotentialActualPotentialNetherlandsPortugal
Page 1: DETERMINANTS OF NAMIBIAN EXPORTS: A
Page 4: investigates whether there is unexp
Page 9 and 10: The main problem with a fixed effec
Page 11 and 12: Like the fixed effects, the random
Page 16 and 17: 80000000700000006000000050000000400
Page 18 and 19: 12000000001000000000800000000600000
Page 20 and 21: Carrère, C (2006): “Revisiting t
Page 22 and 23: AppendixDataAnnual data are used in

a gravity model approach - African Econometric Society

Create successful ePaper yourself

Delete template?

Save as template?