DOI:10.29111/ijlrst ISRA Impact Factor:3.35
Research Paper Open Access
International Journal of Latest Research in Science and Technology Vol.3 Issue 4, pp 181-185,Year 2014
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Received : 23 August 2014; Accepted : 29 August 2014 ; Published : 31 August 2014
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The work surveyed several international trade flow models applied to transportation and spatial interaction analysis. The connectivity between international trade flow, port development and hinterland acquisition were analyzed based on evolving market demands.The relevance of the gravity model both to the international trade and port hinterland analysis were identified. Methods for the estimation of trade flows using natural logarithms applied to the gravity model were developed. Furthermore, the work assessed the rising influence of both hub and dry ports in the world of international trade. While the later is situated in the hinterland, the former is situated at few major world ports. The relevance of the gravity model in determining the location of these port types was emphasized. The strategic roles of rising hub ports to world trade were also discussed. Relevant data were picked from the Nigerian Import and Export environment.
Copyright © 2014 Chinedum Onyemechi et al. This is an open access article distributed under the Creative Commons Attribution 4.0 International (CC BY 4.0) license which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Chinedum Onyemechi, Chinemerem,C.Igboanusi Anthony Ekene Ezenwa , " International Trade Flow Analysis Using The Gravity Model-the Nigerian Conondrum ", International Journal of Latest Research in Science and Technology . Vol. 3, Issue 4, pp 181-185 , 2014
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