Determinants and Prospects of Intra-regional Trade in the Bay of Bengal and the Andaman Sea (BoBAS) Rim Countries of South Asia: A Gravity Model Simulation Approach

2018 ◽  
Vol 25 (1-2) ◽  
pp. 27-58
Author(s):  
Mohammad Imran Hossain
Keyword(s):  
Gravity Model ◽  
Bay Of Bengal ◽  
Model Simulation ◽  
Andaman Sea ◽  
Simulation Approach ◽  
Economic Openness ◽  
Regional Trade ◽  
Trade Potential ◽  
In The Beginning ◽  
Market Infrastructure

Bangladesh, India and Sri Lanka are three important South Asian economies that lie in the Bay of Bengal and the Andaman Sea (BoBAS) rim region. Considering intra-regional trade, these countries are loosely economically integrated, although they have a large potential for sub-regional trade grains. This study examines the determinants and potential of intra-regional trade among these countries. In the beginning, the study estimated the gravity model of trade with a panel random effects estimation for a set of data from 1991 to 2012. Later it investigated trade potential among the countries by a simulation approach that is based on the prior findings of the gravity estimation. The results show that major determinants of intra-regional trade in these countries are size of the domestic market, infrastructure, economic openness, real exchange rate and distance. Countries in the sub-region have high trade prospects and they have not explored the maximum potential of intra-regional trade yet.

scholarly journals Regional Integration in South Asia: An Analysis of Trade Flows Using the Gravity Model

2010 ◽  
Vol 49 (2) ◽  
pp. 105-118 ◽  
Author(s):  
Naseem Akhter ◽  
Ejaz Ghani
Keyword(s):  
Gravity Model ◽  
Regional Integration ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Jel Classification ◽  
Trade Flows ◽  
Regional Trade ◽  
Trade Effect ◽  
Bilateral Trade Flows ◽  
Trade Potential

The study deals with trade benefits from the free trade agreement of the SAARC countries. It assesses the trade potential and trade creation with member and non-member countries. The gravity model has been used to measure the bilateral trade flows and to assess the trade effect for member and non-member countries. Two analyses estimate the gravity model. The first analysis is based on crosssectional data to capture the trade effect individually each year; and the second analysisutilises the pooled data to measure the overall trade effects and trade flows for the period 2003 to 2008. The results from the two approaches show that estimated coefficients are consistent with the model assumptions. Both analyses show that the regional trade agreement of the SAARC countries could divert the trade for member countries as well as for the non-member countries. However, trade volume will increase only if the major partners (Pakistan, India, and Sri Lanka) sign regional trade agreements. JEL classification: F15 Keywords: Trade; Regional Integration; Gravity Model

scholarly journals An empirical analysis of Pakistan’s bilateral trade and trade potential with China: A gravity model approach

2018 ◽  
Vol 6 (1) ◽  
pp. 1504409 ◽  
Author(s):  
Muhammad Saqib Irshad ◽  
Qi Xin ◽  
Zhang Hui ◽  
Hamza Arshad ◽  
Duncan Watson
Keyword(s):  
Gravity Model ◽  
Empirical Analysis ◽  
Bilateral Trade ◽  
Trade Potential ◽  
Model Approach

Trade Blocks and the Gravity Model: Evidence from Western Hemispheric Countries

2009 ◽  
Vol 10 (2) ◽  
pp. 136-156
Author(s):  
E.M. Ekanayake ◽  
Amit Mukherjee ◽  
Bala Veeramacheneni
Keyword(s):  
Gravity Model ◽  
Free Trade ◽  
Free Trade Area ◽  
Trade Flows ◽  
Western Hemisphere ◽  
Regional Trade ◽  
Trade Area ◽  
Model Evidence ◽  
Using Data ◽  
Trade Blocks

We analyze the major trade blocks in Western Hemisphere and their effects on intra-regional trade flows using data for the period 1980-2006. We use an augmented gravity model to estimate the effect of various trade blocks on trade flows within and across membership other Western Hemispheric countries. The findings of this study are consistent with findings of previous studies on Western Hemisphere trade flows and shed some light on whether the proposed Free Trade Area of the Americas is beneficial or not for Western Hemispheric countries.

Energetics and spatio-temporal variability of semidiurnal internal tides in the Bay of Bengal and Andaman Sea

2020 ◽  
Vol 189 ◽  
pp. 102444
Author(s):  
A.K. Jithin ◽  
P.A. Francis ◽  
A.S. Unnikrishnan ◽  
S.S.V.S. Ramakrishna
Keyword(s):  
Bay Of Bengal ◽  
Temporal Variability ◽  
Internal Tides ◽  
Andaman Sea ◽  
Spatio Temporal

Description of Rhinobatos ranongensis sp. nov. (Rhinopristiformes: Rhinobatidae) from the Andaman Sea and Bay of Bengal with a review of its northern Indian Ocean congeners

Zootaxa ◽  
2019 ◽  
Vol 4576 (2) ◽  
pp. 257
Author(s):  
PETER R. LAST ◽  
BERNARD SÉRET ◽  
GAVIN J.P. NAYLOR
Keyword(s):  
Indian Ocean ◽  
Bay Of Bengal ◽  
Intraspecific Variability ◽  
Andaman Sea ◽  
Nominal Species ◽  
Northern Indian Ocean ◽  
Additional Material ◽  
Tissue Samples ◽  
New Material ◽  
Colour Morphs

A new species of guitarfish, Rhinobatos ranongensis sp. nov., is described from 5 preserved specimens, and images and tissue samples of additional material, collected from the Andaman Sea and Bay of Bengal. This species co-occurs in the eastern sector of the northern Indian Ocean with two poorly defined congeners, R. annandalei Norman and R. lionotus Norman, which have been misidentified and confused with Indo-Pacific congeners since they were first described in 1926. Norman’s species are rediagnosed based on limited new material and a re-examination of the types. In the western sector of the northern Indian Ocean, Rhinobatos annandalei has been confused in recent literature with the sympatric R. punctifer Compagno and Randall, which is represented by four primary colour morphs, including a white-spotted colour morph resembling R. annandalei. Rhinobatos punctifer also displays strong intraspecific variability and sexual dimorphism in some body dimensions. These four species of Rhinobatos have unique MtDna sequences and belong to a clade of Indo-West Pacific species that are morphologically similar. Despite the relatively small numbers of specimens available for investigation, these species exhibit some clear differences in body proportions, meristics and squamation. Rhinobatos ranongensis sp. nov. differs from its northern Indian Ocean congeners through a combination of a relatively narrow disc and mouth, high vertebral count, long snout, low dorsal fins, and being largely plain coloured. A new lectotype and a paralectotype are designated for the syntypes of R. annandalei, and the four primary colour forms of R. punctifer, the plain, white-spotted and ocellated morphs, are described and the three nominal species rediagnosed. A key is provided to the four known members of the genus in the northern Indian Ocean. 

scholarly journals Do Trade and Investment Agreements Promote Foreign Direct Investment within Latin America? Evidence from a Structural Gravity Model

Mathematics ◽  
2020 ◽  
Vol 8 (11) ◽  
pp. 1882
Author(s):  
Marta Bengoa ◽  
Blanca Sanchez-Robles ◽  
Yochanan Shachmurove
Keyword(s):  
Foreign Direct Investment ◽  
Latin America ◽  
Gravity Model ◽  
Latin American ◽  
Low Income ◽  
Direct Investment ◽  
Trade Agreement ◽  
Low Income Countries ◽  
Regional Trade ◽  
Investment Protection

Latin America has experienced a surge in foreign direct investment (FDI) in the last two decades, in parallel with the ratification of major regional trade agreements (RTAs) and bilateral investment treaties (BITs). This paper uses the latest developments in the structural gravity model theory to study if the co-existence of BITs and two major regional agreements, Mercosur and the Latin American Integration Association (ALADI), exerts enhancing or overlapping effects on FDI for eleven countries in Latin America over the period 1995–2018. The study is novel as it accounts for variations in the degree of investment protection across BITs within Latin America by computing a quality index of BITs. It also explores the nature of interactions (enhancing/overlapping effects) between RTAs and BITs. The findings reveal that belonging to a well-established regional trade agreement, such as Mercosur, is significantly more effective than BITs in fostering intra-regional FDI. Phasing-in effects are large and significant and there is evidence of enhancing effects. Results within the bloc are heterogeneous: BITs exert a positive, but small effect, for middle income countries. However, BITs are not effective in attracting FDI in the case of middle to low income countries, unless these countries ratify BITs with a high degree of investment protection.

scholarly journals ΔR Correction Values for the Northern Indian Ocean

Radiocarbon ◽  
2001 ◽  
Vol 43 (2A) ◽  
pp. 483-488 ◽  
Author(s):  
Koushik Dutta ◽  
Ravi Bhushan ◽  
B L K Somayajulu
Keyword(s):  
Indian Ocean ◽  
Bay Of Bengal ◽  
Arabian Sea ◽  
Andaman Sea ◽  
Northern Indian Ocean ◽  
Northern Arabian Sea ◽  
Ocean Region ◽  
Thermocline Ventilation ◽  
Ventilation Rates ◽  
Made In

Apparent marine radiocarbon ages are reported for the northern Indian Ocean region for the pre-nuclear period, based on measurements made in seven mollusk shells collected between 1930 and 1954. The conventional 14C ages of these shells range from 693 ± 44 to 434 ± 51 BP in the Arabian Sea and 511 ± 34 to 408 ± 51 BP in the Bay of Bengal. These ages correspond to mean ΔR correction values of 163 ± 30 yr for the northern Arabian Sea, 11 ± 35 yr for the eastern Bay of Bengal (Andaman Sea) and 32 ± 20 yr for the southern Bay of Bengal. Contrasting reservoir ages for these two basins are most likely due to differences in their thermocline ventilation rates.

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