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2011•RePEc: Research Papers in EconomicsOpen access

Mongolia's International Trade : Impact of Its Geographical Location

Jinhwan Oh, Orgilbold Tumurbaatar

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Abstract

This paper examines the influence of Mongolia's landlocked location between Russia and China on the country's international trade patterns through the use of an augmented gravity model. The results are basically consistent with the prediction of the gravity model with some unexpected results on per capita GDP and the WTO dummy. Further, this paper discusses relevant policy implications.

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What this paper is about

This paper examines the influence of Mongolia's landlocked location between Russia and China on the country's international trade patterns through the use of an augmented gravity model. The results are basically consistent with the prediction of the gravity model with some unexpected results on per capita GDP and the WTO dummy. Further, this paper discusses relevant policy implications.

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Available abstract

This paper examines the influence of Mongolia's landlocked location between Russia and China on the country's international trade patterns through the use of an augmented gravity model. The results are basically consistent with the prediction of the gravity model with some unexpected results on per capita GDP and the WTO dummy. Further, this paper discusses relevant policy implications.

Key concepts: Landlocked country, Gravity model of trade, China, Per capita, International trade, Bilateral trade, Gravity equation, Economics

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