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Gravity Model and International Trade: The Case of Western Balkan Countries
2019
Journal of Business & Economic Policy
The magnitude of international trade flows may be affected by social and cultural variables, such as population structure, common language and colonial links; economic and political variables, such as economic sizes or incomes, trade costs, trade agreements, exchange rate and relative prices; technical variables, such as technology advancement, infrastructure condition and geographical distance; and some more complex variables to be anticipated such as political conflicts, meteorological
doi:10.30845/jbep.v6n1p9
fatcat:elgnflbwnbe5np32nbqwquulze