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So, I end up thinking that the gravity model isn't a problem for post-Brexit trade simply because I don't think the gravity model, as normally stated, is in fact correct. This makes me an apostate ...
Shigeru T. Otsubo, Tetsuo Umemura, Forces Underlying Trade Integration in the APEC Region: A Gravity Model Analysis of Trade, "FDI", and Complementarity, Journal of Economic Integration, Vol. 18, No.
In principle, international trade flows according to the laws of gravity. In that sense, trade is determined by two factors: the Gross Domestic Products and the geographical distance between trading ...
We will be asking ourselves whether the trading blocs created or renewed since the end of the 1980s favor the multilateralization of trade, and so constitute building or stumbling blocks with regard ...
Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of ...
The so-called “gravity model”, concocted in the 1960s by Jan Tinbergen, a Dutch Nobel-prize winner, makes two simple points about the geography of international trade.
One reason why countries service their external debts is the fear that default might lead to shrinkage of international trade. If so, then creditors should systematically lend more to countries with ...