gravity equationtrade theoriesbordersregional trade agreementcurrency unionsThis chapter offers a selective survey of the gravity equation (GE) in international trade. This equation started in the Sixties as a purely empirical propositiSocial Science Electronic Publishing...
One of the most successful empirical relationships in international trade is the gravity equation, which relates bilateral trade flows between an origin and destination to bilateral trade frictions, origin characteristics, and destinatio... SJ Redding,DE Weinstein - 《Nber Working Papers》 被引量: 0...
The World Trade Web: A Multiple-Network Perspective gravity equation, (non-linear) components arising from distance, position in the Global Supply Chain and presence of Regional Trade Agreements are studied. ... P Sgrignoli - arXiv.org 被引量: 3发表: 2014年 Trade and African Regional Agreement...
Detailed When Necessary II.The Gravity Model, Detailed until (13) Page 175 III.Estimation, Omitted IV.Results, Omitted V.Sensitivity Analysis, Omitted VI.Conclusion, Omitted McCallum Gravity Equation This part estimates the McCallum gravity equation with the trade data as of the year 1993 for 30...
Gravity-defying trade 来自 SSRN 喜欢 0 阅读量: 35 作者:JMC Santos Silva,S Tenreyro 摘要: Although economists have long been aware of Jensen's inequality, many econometric applications have neglected an important implication of it: estimating economi关键词: gravity equation free-trade agreements ...
H. (1985). The gravity equation in international trade: Some microeconomic foundations and empirical evidence. The Review of Economics and Statistics, 67(3), 474–481. Article Google Scholar Bergstrand, J. H. (1989). The generalized gravity equation, monopolistic competition and the factor-...
The simple gravity equation explains a great deal about the data on bilateral trade flows and is consistent with several theoretical models of trade. We argue that alternative theories nevertheless predict subtle differences in key parameter values, depending on whether goods are homogeneous or ...
This paper shows that Cournot competition in segmented markets generate both intra-industry trade and the gravity equation. The paper also demonstrates that the gravity equation holds if and only if the market shares of an exporting country do not depend on the market where it sells. Thus, the...
In the last decade, a lot of effort has been produced in empirical international trade to explain bilateral volume of trade through the estimation of a gravity equation. A substantial share of this effort by scholars and Institutions regarded the estimate of trade potentials and the inference of ...
"Using the Gravity Equation to Differentiate Among alternative Theories of Trade," Canadian Journal of Economics, Vol. 34 (May): 430-447.Silverstovs, B., Schumacher, D., 2003. Using the gravity equation to differentiate among alternative theories of trade: another look. Applied Economics ...