The gravity model specification for modeling international trade flows and free trade agreement effects: a 10-year review of empirical studies

K Kepaptsoglou, MG Karlaftis… - The open economics …, 2010 - benthamopen.com
The gravity model has been extensively used in international trade research for the last 40
years because of its considerable empirical robustness and explanatory power. Since their …

The gravity model and trade flows: Recent developments in econometric modeling and empirical evidence

M Kabir, R Salim, N Al-Mawali - Economic analysis and policy, 2017 - Elsevier
The existing trade literature on the gravity model is extensive. This paper aims to present a
survey of the current gravity model by taking stock of the existing knowledge on the major …

The log of gravity

JMCS Silva, S Tenreyro - The Review of Economics and statistics, 2006 - JSTOR
Although economists have long been aware of Jensen's in-equality, many econometric
applications have neglected an important implication of it: under heteroskedasticity, the …

The determinants of cross-border equity flows

R Portes, H Rey - Journal of international Economics, 2005 - Elsevier
We explore a new panel data set on bilateral gross cross-border equity flows between 14
countries, 1989–1996. We show that a “gravity” model explains international transactions in …

The impact of mega-sport events on tourist arrivals

J Fourie, M Santana-Gallego - Tourism management, 2011 - Elsevier
While a mega-sport event is scheduled at least once every year somewhere in the world,
these events are rare occurrences for the host cities and countries. The benefits of such …

Baci: international trade database at the product-level (the 1994-2007 version)

G Gaulier, S Zignago - 2010 - papers.ssrn.com
This paper documents the construction of BACI, our international trade database, which
covers more than 200 countries and 5,000 products, between 1994 and 2007. New …

[PDF][PDF] Controlling for heterogeneity in gravity models of trade and integration

IH Cheng, HJ Wall - 2005 - Citeseer
I-Hui Cheng and Howard J. Wall been common to instead specify the augmented model
using per capita income, which captures the same effects. 3 Whichever specification of the …

Revisiting the effects of regional trade agreements on trade flows with proper specification of the gravity model

C Carrere - European economic review, 2006 - Elsevier
This paper uses a gravity model to assess ex-post regional trade agreements. The model
includes 130 countries and is estimated with panel data over the period 1962–1996. The …

A panel data analysis of trade creation and trade diversion effects: The case of ASEAN–China Free Trade Area

S Yang, I Martinez-Zarzoso - China Economic Review, 2014 - Elsevier
This study uses a theoretically justified gravity model of trade to examine the impact of the
ASEAN–China Free Trade Agreement (ACFTA) on exports, focusing on trade creation and …

Institutions, infrastructure, and trade

J Francois, M Manchin - World development, 2013 - Elsevier
We work with a panel of bilateral trade, exploring the influence of infrastructure and
institutional quality on patterns of trade with a Poisson estimator, extended with the Baier …