Determinants of trade flows between Spain and CPLP countries: A gravity model approach

• Autores: Diego Sande Veiga, Edmir Luciano Santos Ferreira, Eddy Antonio Castillo Montesdeoca
• Localización: Revista de estudios regionales, ISSN 0213-7585, Nº. 132, 2025, págs. 115-146
• Idioma: inglés
• Títulos paralelos:
  • Factores determinantes de los flujos comerciales entre España y los países de la CPLP: un enfoque basado en el modelo de gravedad
• Enlaces
  • Texto completo (pdf)
• Resumen

  • In a global context marked by the reconfiguration of international value chains and the growing relevance of nearshoring and friendshoring strat- egies, strengthening trade relations between Spain and the Community of Portuguese-Speaking Countries (CPLP) emerges as a strategic opportuni- ty. Spain’s recent admission as an associate observer in the CPLP provides an institutional framework to intensify economic linkages, especially as mar- ket diversification becomes increasingly important for economic resilience.

    This study investigates the determinants of trade flow between Spain and CPLP member states, employing a gravity model complemented by robust econometric estimation. It is the first article on this subject after Spain´s admission in the CPLP and dealing with this topic in a pioneering way fol- lowing this internationally significant event.