UGANDA'S BILATERAL TRADE FLOWS EXPLAINED USING THE GRAVITY FLOW MODEL

UGANDA'S BILATERAL TRADE FLOWS EXPLAINED USING THE GRAVITY FLOW MODEL

FACTORS AFFECTING UGANDA'S BILATERAL TRADE FLOWS: AN APPLICATION OF THE GRAVITY FLOW MODEL

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Uganda is a fast growing economy with much foreign exchange realized from exportation of agricultural produce. A detailed understanding of Uganda's bilateral trade flows provides an additional practical framework for derivation of informed trade policy decisions to improve the country's trade regime. Thus, the Augmented-gravity flow model was employed to study Uganda's total bilateral trade flows and her trade potential. Objectively, the study explored the determinants of Uganda's total bilateral trade flows, predicted trade potential and performance, and determined the degree of trade integra...