Dynamic Tracking of Researching Status and Frontiers in the Trade Field of Gravity Model
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Gravity model is an important tool in international economics to explore the determinants of bilateral trade volume, and the factors affecting trade. By the end of 2022, more than 2,000 papers related to the gravity model have been published. In order to help researchers efficiently grasp the current research status of gravity models and predict future research directions, this study intends to analyze currently published papers through bibliometric methods. The results of the study are as follows. First, through performance analysis, we analyze the annual publication volume, national publication volume, institutional publication volume, journal distribution, top ten cited papers, etc. Secondly, through citation analysis, we track key papers and analyze their relationships. Then, through co-citation analysis and keywords co-occurrence analysis, we find that existing research could be divided into seven major themes: “border effect”, “free trade agreements”, “pattern”, “European union”, “standards”, “panel data analysis”, “growth”. Finally, through burst detection analysis, we conduct a burst analysis on papers and keywords, and conclude four future research directions: free trade agreement, economic integration, PPML method and currency union, belt and road policy in China. These findings will help economic scholars gain a better understanding of the intellectual structure and current trends in gravity model research in short time, enabling more effective future studies.
Abstract
Gravity model is an important tool in international economics to explore the determinants of bilateral trade volume, and the factors affecting trade. By the end of 2022, more than 2,000 papers related to the gravity model have been published. In order to help researchers efficiently grasp the current research status of gravity models and predict future research directions, this study intends to analyze currently published papers through bibliometric methods. The results of the study are as follows. First, through performance analysis, we analyze the annual publication volume, national publication volume, institutional publication volume, journal distribution, top ten cited papers, etc. Secondly, through citation analysis, we track key papers and analyze their relationships. Then, through co-citation analysis and keywords co-occurrence analysis, we find that existing research could be divided into seven major themes: “border effect”, “free trade agreements”, “pattern”, “European union”, “standards”, “panel data analysis”, “growth”. Finally, through burst detection analysis, we conduct a burst analysis on papers and keywords, and conclude four future research directions: free trade agreement, economic integration, PPML method and currency union, belt and road policy in China. These findings will help economic scholars gain a better understanding of the intellectual structure and current trends in gravity model research in short time, enabling more effective future studies.
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