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 …
Although economists have long been aware of Jensen's in-equality, many econometric applications have neglected an important implication of it: under heteroskedasticity, the …
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 …
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 …
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 …
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 …
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 …
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 …
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 …