Analysis of the Determinants of International Trade

An Australian Perspective

DOI

10.2991/aebmr.k.220603.009How to use a DOI?

Keywords

Australia; International Trade; Free trade agreement; Gravity model

Abstract

Taking Australia from 2010 to 2019 as an example, this paper investigates various determinants of international trade by analyzing their impacts on exports and imports. This study uses the annual trade data of 11 principal trading partners in Australia (accounting for approximately 70% of Australia’s international trade), and the result is fourfold. This shows that the economic quality has a positive impact, which is consistent with the hypothesis of gravity model. Geographic distance is positively correlated with total trade, which is mainly due to the consideration of other factors, especially the trade policy. Trade costs at home and abroad have had a statistically significant negative effect on Australian international trade. Australia’s trade policy, especially the proliferation of free trade agreements, has greatly fostered exports and imports of Australia.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Xinyue Zhou
PY  - 2022
DA  - 2022/07/01
TI  - Analysis of the Determinants of International Trade
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 46
EP  - 49
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.009
DO  - 10.2991/aebmr.k.220603.009
ID  - Zhou2022
ER  -