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Gravity Model and International Trade:A Survey of the Literature

Leitão, Nuno Carlos

The gravity model, which is applied to international trade, explains the conceptual models of international business. It has been used in various areas of the global economy, such as trade, foreign direct investment, and even the determinants of tourist demand at the level of countries and sectors of economic activity. In terms of the methodology, this study of the gravity model followed the PRISMA requirements...


The impact of geopolitical risk on portuguese exports

Leitão, Nuno Carlos

This investigation evaluates the performance of Portuguese exports by focusing on the 11 main partners for 1990–2021, considering panel data. Country risk analysis has been frequently used to assess the determinants of international trade in recent years. Empirical studies demonstrate that country risk can affect bilateral relationships between economies, especially in economies with greater geopolitical risk. ...


A Gravity Model Analysis of Portuguese Foreign Direct Investment

Leitão, Nuno Carlos

Cultural and linguistic affinities have been studied in international business through the gravity model and economics of language. International investment theories enable the assessment of organisational, location, and internalisation motivations. The present study assesses the impact of transport costs, common language and market size based on the arguments of the gravity model, economics of language, and in...


The influence of economic complexity processes and renewable energy on CO2 emis...

Balsalobre-Lorente, Daniel; Contente dos Santos Parente, Clara; Leitão, Nuno Carlos; Cantos-Cantos, José María

This study analyses the relationship between carbon dioxide emissions per capita, the economic complexity index, renewable energy, and inward foreign direct investment using panel data for the BRICS countries from 1995 to 2020. Empirical results confirm that the environmental Kuznets curve is fulfilled, with a positive but decreasing contribution of economic development on environmental deterioration, to the po...


Revisiting marginal intra-industry trade and portuguese labour market

Leitão, Nuno Carlos; Braz, Henrique Freixa; Oliveira, Pedro

.Objectives - This study aims to empirically test the smooth adjustment hypothesis (SAH) in the Portuguese labour market during 2000–2018, considering changes in employment, wage, productivity, consumption and the marginal intra-industry trade. Research Design - So, following the literature, a greater marginal intra-industry trade intensity should reduce adverse shocks expressed in temporary inefficiencies such...


Explanatory factors of carbon dioxide emissions in the European Union

Balogh, Jeremiás Máté; Leitão, Nuno Carlos

The European Union (EU) is committed to decarbonising its economy by 2050. To that end, significant reductions in greenhouse gases from the energy and agricultural sectors are of critical importance. However, while the EU member states each pursue a different climate strategy, all member states’ emissions are regulated by EU climate law. This paper investigates the factors explaining carbon dioxide (CO2 ) emiss...


The Role of Intra-Industry Trade, Foreign Direct Investment, and Renewable Ener...

Leitão, Nuno Carlos; Koengkan, Matheus; Fuinhas, José Alberto


Effect of battery electric von greenhouse gas emissions in 29 European Union co...

Fuinhas, José Alberto; Koengkan, Matheus; Leitão, Nuno Carlos; Nwani, Chinazaekpere; Uzuner, Gizem; Dehdar, Fatemeh; Relva, Stefania; Peyerl, Drielli

This analysis explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic g...


Testing the role of trade on carbon dioxide emissions in Portugal

Leitão, Nuno Carlos

This article considers the relationship between trade intensity, energy consumption, income per capita, and carbon dioxide emissions from 1970–2016 for the Portuguese economy. Considering the arguments of monopolistic competition, the article tests the hypotheses of trade and energy consumption on climate change. We use the autoregressive distributed lag-ARDL model, quantile regression, and cointegration models...


The effects of corruption, renewable energy, trade and CO2 Emissions

Leitão, Nuno Carlos

Corruption reflects a set of illegal activities that jeopardize the smooth functioning of economies, society, and climate and environmental issues. This article tests the relationships between economic growth, corruption, renewable energies, international trade, and carbon dioxide emissions using panel data for European countries, namely Portugal, Spain, Italy, Ireland, and Greece, from 1995–2015. As an econome...


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