Trade Complementarity as a Basis for the Natural Trading Partner Hypothesis: A Panel Data Study for Trinidad and Tobago

IF 1.3 Q3 ECONOMICS

International Trade Journal Pub Date : 2021-12-23 DOI:10.1080/08853908.2021.2003727

R. Hosein, Leera Boodram, G. Saridakis

引用次数: 0

Abstract

ABSTRACT This article examines trade complementarity as a basis for the natural trading partner hypothesis from a sectoral view of trade for the petroleum-based economy of Trinidad and Tobago (T&T) over the period of 2000 to 2015. Gravity modeling and an Intercountries Trade Force (ITF) model are adopted to determine the nature of sectoral trade complementarities in T&T over time. The results shows that trade complementarity and manufacturing trade complementarity significantly contribute to trade for T&T, which is important when choosing trade partners. This provides incentives for manufacturing which can dampen the effect of the Dutch Disease.

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贸易互补性是自然贸易伙伴假说的基础：特立尼达和多巴哥的面板数据研究

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来源期刊

International Trade Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.90

自引率

0.00%

发文量

期刊介绍： The International Trade Journal is a refereed interdisciplinary journal published for the enhancement of research in international trade. Its editorial objective is to provide a forum for the scholarly exchange of research findings in,and significant empirical, conceptual, or theoretical contributions to the field. The International Trade Journal welcomes contributions from researchers in academia as well as practitioners of international trade broadly defined.