Analysis of Gulf Cooperation Council Cou ntries (GCC) Trade with Important Country Using Gravity Model

Yosef Alamri^1,

¹Department of Agricultural Economics, King Saud University, Riyadh, Saudi Arabia

Cite this paper:
Yosef Alamri. Analysis of Gulf Cooperation Council Cou ntries (GCC) Trade with Important Country Using Gravity Model. Journal of Applied Agricultural Economics and Policy Analysis. 2020; 3(1):1-7. doi: 10.12691/jaaepa-3-1-1

Abstract

We used gravity model to analyze the significant factors affecting intra-GCC trade flows, in order to evaluate the status of intra-GCC trade during 1989-2014. We used the idea of Head (2003) to calculate the distance. The results show that there is a positive correlation between GCC GDP in import and export, as well as a negative impact for each of the gross domestic products, geographic distance and the population rate in the four countries under study.

Keywords:
GCC gravity model distance export import

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