Modern Economy

Volume 7, Issue 2 (February 2016)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.74  Citations  h5-index & Ranking

Analysis and Comparison of the Factors Influencing Worldwide Four Kinds of Vegetable Oil Trade: Based on Gravity Model

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DOI: 10.4236/me.2016.72019    3,415 Downloads   4,803 Views  Citations
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ABSTRACT

This paper analyzes the motivator and obstructive elements influencing trade of four kinds of vegetable oil by using the generalized gravity model. The balanced panel dataset used in the analysis includes bilateral trade spans 80 countries for the period from 2000 to 2013. Empirical results reveal that importer’s GDP plays a leading role to boosting four kinds of vegetable oils trade and there is a positive impact of oilseeds trade on vegetable oil trade and bilateral exchange rate has nothing to do with the vegetable oil trade.

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Wang, J. (2016) Analysis and Comparison of the Factors Influencing Worldwide Four Kinds of Vegetable Oil Trade: Based on Gravity Model. Modern Economy, 7, 173-182. doi: 10.4236/me.2016.72019.

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