Econometric gravity models of mutual trade of the EAEU countries

Authors

  • Catherine G. Gospodarik Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus https://orcid.org/0000-0002-5593-7728
  • Elena S. Maenova Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

Keywords:

foreign trade activity, gravity model, index of revealed comparative advantage, export potential

Abstract

The article analyses the foreign trade activity of the Republic of Belarus on the basis of the econometric gravity model of foreign trade of the EAEU member states. In addition, the export potential of the Republic of Belarus was analysed, as well as the comparative advantages of Belarus in trade with the EAEU member states were given. Based on the analysis, the authors offer recommendations for increasing export potential.

Author Biographies

  • Catherine G. Gospodarik, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

    PhD (economics), docent; head of the department of analytical economics and econometrics, faculty of economics

  • Elena S. Maenova, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

    master of science (economics)

References

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Published

2021-12-31

Issue

No. 2 (2021): Journal of the Belarusian State University. Economics

Section

F. International Economics

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How to Cite

[1]
Gospodarik, C.G. and Maenova, E.S. 2021. Econometric gravity models of mutual trade of the EAEU countries. Journal of the Belarusian State University. Economics. 2 (Dec. 2021), 77–91.