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COLOMBIAN EXPORTS PER DEPARTMENT AND THEIR DRIVERS THROUGH THE GRAVITY MODEL OF TRADE 2000-2021
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Cáceres Rodríguez, Willyam; Agudelo Cely, Omaira Inés and Tejedor Estupiñán, Ricardo Alonso 2026-06 Semestre Económico 29(66), pp.a5088 ABSTRACT This article explores the gravity model of trade to analyze the flows of Colombian regional exports. This study addresses the determinants of export supply using variables that differ from those commonly employed in this kind of studies. We use panel data methodology to examine trade flows in 51 countries. The main estimation technique includes a pooled regression model, fixed effects, and random effects, each providing insights into different aspects of trade dynamics. Findings suggest that regional exports depend positively on the Gross Domestic Product (GDP) of the destination country, although that |
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(2025-6-4)