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A Gravity Model Analysis for Trade between Cameroon and Twenty-Eight European Union Countries

机译:喀麦隆与28个欧盟国家之间贸易的重力模型分析

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The purpose of this empirical analysis is to investigate, based on gravity model, Cameroon’s bilateral trade flows with Twenty-Eight European Union countries signatories of the EU-Cameroon Free Trade Agreement (FTA) on the 15th of January 2009. Though the said Agreement entry into force day was scheduled for the 4th of August 2014, it is important to analyze the trade trends among these 29 countries. The research findings reveal that Cameroon’s bilateral trade with European Union countries is affected positively by economic size and per capita GDP, and influenced negatively by the distance between the trading partners. The result of basic the gravity model reveals that the Product of two countries’ GDPs has positive and significant impact on bilateral trade, indeed, a 1 percent point increase in product of the GDPs leads to increase in the bilateral trade volume of Cameroon with the concerned trade partners by 1.2808 percent and about the distance factor, 1 percent point increase in distance leads to decrease the bilateral trade volume of Cameroon by 2.0306 percent.
机译:本实证分析的目的是基于引力模型,于2009年1月15日与28个欧盟国家签署《欧盟-喀麦隆自由贸易协定》(FTA),以研究喀麦隆的双边贸易流量。计划于2014年8月4日生效,分析这29个国家之间的贸易趋势非常重要。研究结果表明,喀麦隆与欧盟国家的双边贸易受到经济规模和人均GDP的积极影响,而受到贸易伙伴之间距离的负面影响。基本引力模型的结果表明,两国的国内生产总值对双边贸易产生了积极而显着的影响,实际上,国内生产总值每增加1个百分点将导致喀麦隆与有关国家的双边贸易额增加。贸易伙伴减少了1.2808%,而距离因素也增加了1%,导致喀麦隆的双边贸易量减少了2.0306%。

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