Analysis of Exports from the Dominican Republic to its trading partners through the gravitational model period 2012 – 2022

Authors

Keywords:

Gravitational model, exports, partners, severity, GDP

Abstract

The objective of this work was to estimate a gravity model for the exports of the Dominican Republic in order to establish the influence of economic and commercial variables, both internal and external, on the commercial flow subject to study for the five most important importing countries of the economy of that country, which are: United States, Haiti, Switzerland, Puerto Rico and India. The type of research is quantitative, descriptive and correlational in scope using macroeconomic aggregates in nominal terms and variables from the external sector, with secondary information sources. Among the most relevant findings is the fact that the model carried out with the United States presents an R2 of 0.97, whose economy also represents 50% of foreign trade between both nations. It is concluded that a 1% increase in the GDP of the partner countries has a positive effect on the increase in exports to the Dominican Republic. This indicates that greater economic growth in these countries tends to boost exports to that country.

Keywords: Gravitational model, exports, partners, severity, GDP.

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References

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Published

2024-06-13

How to Cite

Rivadeneira-Pacheco, J. L., Félix-Zambrano, M. V., Chávez-González, P. G., & Sánchez-Quinde, M. A. (2024). Analysis of Exports from the Dominican Republic to its trading partners through the gravitational model period 2012 – 2022. Revista Científica Arbitrada De Investigación En Comunicación, Marketing Y Empresa REICOMUNICAR. ISSN 2737-6354., 7(13 Ed. esp.), 39-59. Retrieved from https://www.reicomunicar.org/index.php/reicomunicar/article/view/264