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the value of Qatar’s import of cereals depends on Qatar’s GDP, the GDP of the trading partners
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Check My Assignment!Purpose of your research:
Your research is to determine if the value of Qatar’s import of cereals depends on Qatar’s GDP, the GDP of the trading partners, and the distance between Qatar and each of its trading partners. In summary, you will estimate a Gravity Model of Trade for Qatar.
Tasks:
Using the Foreign Trade System at the Qatar Statistics Authority (QSA) website, you will download Qatar’s yearly cereal trade data, from 2010 to 2012, for all countries Qatar trades with.
From the data above: You will see all the countries that Qatar traded with during 2010 to 2012.
- For each of the countries in above, you will obtain the annual GDP, from 2010 to 2012. Resources for this include the World Bank and the International Monetary Fund websites.
- Collect data on the distance between Qatar and each of the countries above. Resources include Geobytes.
- Collect data for Qatar’s annual GDP for 2010 to 2012, from the QSA website.
- Run the following multiple regression:
Value of trade in cereals = f(Qatar’s GDP; trading partners’ GDP; distance between Qatar and trading partner)
a. Report your original output.
b. Present your output in a Table.
c. Explain your results in less than 1 page.
