[Wiley] The evolution of structural gravity: The workhorse model of trade

flyingfish789 Post time The day before yesterday 17:22 | Show all posts |Read mode
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The evolution of structural gravity: The workhorse model of trade
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  • Yoto V. Yotov

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AbstractThe gravity model is the workhorse model of trade. Yet, many economists still view gravity as a reducedゝorm estimating equation and apply it without guidance from theory, while others are skeptical about its usefulness for counterfactual projections. This paper offers a historical overview of the evolution of gravity, from an a

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vol0nter Post time The day before yesterday 17:22 | Show all posts

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