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Dairy Product Trade Potentials between Gulf Cooperation Council Countries, European Union Selected Countries and the United States

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  • Fathelrahman, Eihab
  • Muhammad, Safdar
  • Washi, Sidiga
  • Skaik, Doaa
  • Sherif, Sherin

Abstract

The objective of this research is to investigate the potentials trade of dairy products between origin countries including selected EU countries and the U.S. on one hand, and Gulf Cooperation Council (GCC) countries, on the other hand. Results showed that when destination country’s real GDP increases by 1% value of dairy products exports increases by 0.28%. The model also showed that when destination country’s population increases by 1% dairy products exports increase by 0.32 %. Further, the gravity model is found to be sensitive to the set of selected independent variables.

Suggested Citation

  • Fathelrahman, Eihab & Muhammad, Safdar & Washi, Sidiga & Skaik, Doaa & Sherif, Sherin, 2014. "Dairy Product Trade Potentials between Gulf Cooperation Council Countries, European Union Selected Countries and the United States," Journal of Food Distribution Research, Food Distribution Research Society, vol. 45(1), pages 1-8, March.
  • Handle: RePEc:ags:jlofdr:164548
    DOI: 10.22004/ag.econ.164548
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    References listed on IDEAS

    as
    1. Bergstrand, Jeffrey H, 1985. "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 474-481, August.
    2. Cao, Kay & Johnson, Robin, . "Impacts of Mandatory Meat Hygiene Regulations on the New Zealand Meat Trade," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 14.
    3. Bergstrand, Jeffrey H, 1989. "The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 143-153, February.
    4. Cao, Kay & Johnson, Robin, 2004. "Econometric Analysis of some Trade Issues for Meat," 2004 Conference, June 25-26, 2004, Blenheim, New Zealand 97776, New Zealand Agricultural and Resource Economics Society.
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