Trade Potential of Russia and Morocco: Gravity Model Approach

Domain:

socioeconomic

Record type:

paper

Creator:

Ale

Publisher:

Rus

Host:

The paper examines empirical data on the determinants and potential of trade in goods between Morocco and Russia and their trade partners over 2011-2021. The gravity model approach using the economic complexity index is applied. The model was evaluated using three methods, including fixed and random effects, and the least squares method (OLS). The study reveals that the potential for expanding trade in goods for Morocco and Russia lies mainly in trade with the largest economies in the world.

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