THE GRAVITY MODEL OF INTERREGIONAL TRADE: CASE OF EASTERN SIBERIA

• Authors: Filatov Alexander , Novikova Alina
• Languages of publication: EN

Abstracts

EN

This paper analysis the gravity model of interregional trade of Irkutsk region the base of statistical data on gross regional products and trade flows between Russian regions. We find that the market size significantly impacts the trade volumes. The elasticity of export on importer region size is approximately equal to one. Moreover, it appears that the distance significantly negatively impacts the trade volumes. The elasticity of export on distance to the importer region is approximately equal to -1,5. We also find that Irkutsk region trade with Eastern regions is significantly (about 11 times) greater. Furthermore, we arrive at the conclusions that the absence of railroad significantly negatively (about 4 times) impacts the trade flows.

Keywords

EN

gravity model; interregional trade; regression analysis; spatial economics; Russian Federation

Discipline

• ECONOMICS: ECONOMICS

• Publisher: University Service Publishing, Prague, Czech Republic
• Journal: Czech Journal of Social Sciences, Business and Economics
• Year: 2015
• Volume: volume 4
• Issue: Issue 3
• Pages: 39-46

Contributors

author

Filatov Alexander

• is a Head of Chair of Mathematical Economics at Irkutsk State University, Institute for Mathematics, Economics, and Computer Sciences.

author

Novikova Alina

• is a Ph.D. student at Irkutsk State University, Institute for Mathematics, Economics, and Computer Sciences